Bitcoin Not Moved For 12 Months Sees 51% Increase

<br />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 monitoring <br />Read More <br />The post Bitcoin Not Moved For 12 Months Sees 51% Increase appeared first on Bitcoinist.com.

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