#Bitcoin UTXOs: Profit Taking or Panic Selling? 🤑🚨

Looks like the $BTC whales have been cashing out! 🐳💰 The percentage of Bitcoin UTXOs (Unspent Transaction Outputs) in profit has hit the lowest point since October 2023, according to CryptoQuant. 👍

Is this a sign of smart profit-taking or a hint of panic selling? 👀

🎉👉 If history is any guide, the last time UTXOs were this low, #BTC surged by a whopping 273% from $26,700 to $73,000! 🚀📈

So, should we be buying the dip or bracing for a storm? 🦬 Let us know your thoughts! DYOR! #UTXOs #CryptoMarketMoves

Thanks CryptoQuant for insights!! 🤝