The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has plummeted to 68.5%, the lowest level observed this year. Historically, such a drop has preceded significant price surges; for example, a similar decline in 2023 was followed by a remarkable 273% increase in Bitcoin’s price. #Bitcoin UTXOs in Profit Drop to Lowest Level This Year “The last time the percentage of Bitcoin UTXOs in profit dropped to 68.5%, Bitcoin’s price saw a significant surge of 273%.” – By @EgyHashX Read more 👇https://t.co/QzwbCw2EoW pic.twitter.com/JYEuNe2Ir5 — CryptoQuant.com (@cryptoquant_com) September 6, 2024 Currently, the Fear and Greed Index has sunk to an
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