
UTXOs Created counts transaction outputs created in blocks each day, including outputs that may subsequently be spent. It measures gross daily creation in outputs, rather than the net increase in the outstanding UTXO set.
High readings mean transactions are generating many outputs, as in batch payouts, change creation or wallet splitting; low readings mean less output creation. The series reached about 2.52 million outputs on April 23, 2024, compared with about 1.91 million on the halving date three days earlier.
An output is not a new user, a new address or necessarily a separate economic payment. Compare creation with UTXOs Spent to judge net expansion, and with transaction count to see whether a burst reflects more transactions or more outputs inside each one.
No. New outputs can pay addresses that have already been used, and multiple outputs can refer to the same address. The two metrics count different objects.
A transaction can have several recipients and a change output. Services batching withdrawals can create many outputs in one transaction, increasing output creation without an equal increase in transaction count.
It is a gross creation measure, not a count restricted to outputs still unspent at day-end. Subsequent spending belongs in the spending series rather than undoing the original creation event.