The UTXO Realized Cap 6M-12M Dominance has exceeded 20%. This indicates that a large portion of Bitcoin’s realized market cap is held by coins that were last moved 6 to 12 months ago. It suggests that many investors from this period are holding onto their Bitcoin, possibly expecting a price increase. While this could point to a potential price recovery, it is important to note that if these holders decide to sell (especially in the short term), the recovery could be temporary.

Written by nino