Markets· ★★★· neutral·

Bitcoin sees $21B in large UTXO activity with no spike in exchange inflows

  • —Large UTXOs worth $21 billion were spent, covering over 230,000 BTC
  • —Biggest large-UTXO activity since the start of 2026
  • —About $4.6 billion came from coins aged one to three years
  • —No surge in bitcoin deposits to exchanges was observed
Why it matters: Moving old large UTXOs without a spike in exchange inflows may point to wallet restructuring rather than preparation for selling.
Source: TokenPost