In the on-chain analysis, we focus on the behavior of a specific group of Bitcoin holders in the 6-12 months UTXO age range. We aim to evaluate whether this group is profitable, their intention to sell, and their impact on the Bitcoin market.

- 6-12 Months UTXO Age Range Profitability: Using the UTXO Age Ranges indicator, we see that the average entry price for this group is approximately $19,100 per Bitcoin.

- Sell Intentions: We examine the Stock Market Entry Flow-Spending Age Ranges indicator to understand their intentions regarding Bitcoin attitudes. Our findings show that there is no significant Bitcoin inflow to exchanges from the 6-12 month UTXO age range. This suggests that the group is not inclined to sell their Bitcoin for now.

- Market Impact: The UTXO Age Range (%) indicator reveals that the 6-12 months UTXO age range represents approximately 10% of the market and therefore its behavior should be closely monitored.

- Conclusion: According to our analysis on the 6-12 months UTXO age group, this group is currently profitable. Additionally, their reluctance to move their Bitcoin to exchanges indicates their current low intention to sell. This behavior and their significant presence in the market suggest that this group is bullish and may contribute to price stability.