Bitcoin’s UTXO Count Falls Sharply — Are Whales Prepping for a Big Move?

Bitcoin’s upward price trajectory has slightly cooled, with the asset now trading just below the $119,000 mark, reflecting a 3% decline over the past week. The dip follows a sustained upward trend that has seen significant interest from both institutional and retail participants in recent months. The current pause in momentum may suggest a temporary rebalancing, with market participants potentially reassessing their positions. As price movement stabilizes, on-chain analysts have begun to highlight deeper structural shifts within Bitcoin’s blockchain activity source: https://www.newsbtc.com/bitcoin-news/bitcoins-utxo-count-falls-sharply-are-whales-prepping-for-a-big-move/