I am under the impression that UTXOs indicate a higher number of Coins being hodled. What is the forums opinion on this network stat? I haven't seen too many discussions surrounding this.  This seems to be consistent with the great pump and subsequent collapse of 2017/18. However, since the beginning of 2019, UTXO has been skyrocketing continually with no sign of slowing. Does this indicate more holders? Do you take this to be a positive? What are your thoughts? Lets have a conversation!

Source: https://www.blockchain.com/charts/utxo-count?timespan=all