Bitcoin UTXO Realized Price Distribution Indicates Weak Support Under $104,800

COINOTAG News, November 4, cites analyst @ali_charts applying Glassnode’s Bitcoin UTXO Realized Price Distribution framework to gauge on-chain liquidity and risk in the market.

The analysis indicates that below roughly $104,800, the pool of UTXO backing the price is comparatively sparse, signaling weaker buy-side concentration at lower price bands.

Consequently, a move toward that threshold could influence price stability as holders reassess risk and capital deployment, underscoring on-chain liquidity dynamics that traders and risk managers should monitor in the current cycle.