Live UTXOs (count)
Total number of currently-unspent transaction outputs — a proxy for how fragmented the supply is.
Why it matters
It grows with adoption and low-value activity; large drops usually mean UTXO consolidation, not coins leaving circulation.
Build it yourself
The real count sums dozens of age buckets; here it's simplified to three so the mechanism is visible: just add them up.
Live UTXOs = sum of every age bucket
Live UTXOs
Simplified to 3 buckets for the example — the project sums dozens of real monthly buckets.
Illustrative example numbers for practice — not real data.
How it's calculated, step by step
- The live UTXO count (
remaining_count) is summed across every supply age bucket in the daily snapshot (age_bucket_daily) — the same base data as HODL Waves.
Descriptive.
A proxy for supply fragmentation, not price.
Chart
This is real Bitcoin data, computed from the blockchain — not the illustrative example above.
Data last updated on 2026-09-09.