CryptoMe2026-04-25

🔥Someone May Have Sold Bitcoin at a Huge Loss? Here Is the UTXO Evidence!

Yesterday, there was no big change in price. 1️⃣ But we saw a big downward spike in STH-SOPR. This means "selling at a loss" or "moving coins at a loss." 2️⃣ When we open the UTXO Price Histogram next to STH-SOPR, we can see this: until yesterday, there was a huge UTXO tower at $89,250. Let’s call this roughly $90,000. Today, this huge tower is no longer there. Instead, a huge UTXO tower has formed at $78,200. ✅ So, someone moved coins yesterday when the price was $78,200. These coins were probably bought around $90,000 in the last 6 months. ⚠️ Of course, this may be a transfer between the same person’s own wallets. It may be an exchange internal transfer. Or it may be a transfer by institutions such as market makers that provide liquidity. ✅ But it may also be this: an investor who bought at $90,000 sold at a loss at $78,200. And the buyer’s cost basis became $78,200. If this was a trade between different people, then we can say this: 👉🏻 The resistance at $90,000 became weaker. 👉🏻 The support/resistance level at $78,200 became stronger. I last looked at the UTXO Price Histogram in January, when the price was around $100K. At that time, I pointed to the air pocket between $80K and $73K. I also pointed to the risk that price could fall into this area. Now, we can see that the air pocket I pointed to has been filled. Take a look: https://cryptoquant.com/insights/quicktake/697e05819a2bb639680e06e9-Bitcoins-73K80K-Air-Pocket-The-Next-Big-Risk-Zone