Poloniex Exchange
Poloniex Exchange|Mar 03, 2025 05:55
🔍 What is UTXO? UTXO (Unspent Transaction Output) is the Bitcoin transaction model, representing unused BTC outputs that can be spent in new transactions. 💡 How it works: If you have 1 BTC UTXO and need to pay 0.4 BTC: ✅ The system spends the full 1 BTC, creating two new UTXOs: 0.4 BTC → Sent to the receiver 💸 0.6 BTC → Returned as change 🎯 📊 Why does UTXO matter? 🔹 UTXO Age – Analyzes holding time to assess market sentiment. 🔹 UTXO Distribution – Identifies price zones with strong support & resistance.
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