Bitcoin (BTC) UTXO Spending Tops $21 Billion in Largest 2026 Burst

Bitcoin (BTC) UTXO spending topped $21 billion on Oct. 23 in the year's largest burst, involving more than 230,000 BTC, though the activity alone does not confirm a sale. Some of the activity involved UTXOs individually valued above $1 million. Most of the associated BTC had been inactive for one to six months; about $4.6 billion came from coins held for one to three years. Analyst Darkfost assessed that a single entity likely moved the assets between addresses rather than selling them.