Bitcoin network sees largest large-UTXO spending activity since 2026, on-chain analyst says

On-chain analyst Darkfost says the Bitcoin network has seen its largest large-UTXO spending activity since 2026, with single UTXOs over $1 million involving more than $21 billion, or over 230,000 BTC, possibly operated by the same entity. Most UTXOs were held 1-6 months, with about $4.6 billion from long-term holders.

Detected & updated continuously · Source: Nebula