Bitcoin Not Moved For 12 Months Sees 51% Increase

The last week saw a whopping 51% increase in the amount of bitcoin which has been untouched for 12-18 months. The unspent transaction outputs (UTXOs) indicate that almost 600,000 BTC ticked over from the 6-12 months set. But what does this mean, exactly? Can U Try Xplaining-O? UTXOs are created every time a bitcoin transaction is made, and are essential for tracking which wallet holds which bitcoin. This simplifies blockchain accounting, because instead of monitoringRead MoreThe post Bitcoin Not Moved For 12 Months Sees 51% Increase appeared first on Bitcoinist.com.