UTXO Value

Definition ∞ UTXO value, standing for Unspent Transaction Output value, represents the amount of cryptocurrency that remains after a transaction and can be used as input for future transactions. In Bitcoin and other UTXO-based blockchains, every transaction consumes existing UTXOs and creates new ones. The aggregate UTXO value reflects the total amount of spendable cryptocurrency in existence that has not yet been consumed. It is a fundamental accounting unit.
Context ∞ UTXO value is a core concept in news and analyses pertaining to Bitcoin and other similar blockchain networks, particularly when discussing network health, transaction processing, and security. Changes in the distribution or age of UTXOs can provide insights into long-term holder behavior and market cycles. Understanding UTXO value is crucial for comprehending the underlying mechanics of these digital asset systems.