Does UTXO have any indication as to price?

[BitcoinNewbie15]

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

[BitMaxz]

I don't think if it indicates that there are many users holding BTC for me it is just showing that more people are using BTC and actively use by many people that is why we are seeing a large number of transactions increased this year. It only indicates that day by day new users come and use BTC but it doesn't mean that more people are holding BTC.

Also, the other reason why we see UTXOs increased this year it's because there are more shops online or locally that accepts Bitcoin as payment. More new people come to BTC more Bitcoins are spending but it doesn't mean unspent transaction indicates that people are holding I believe the UTXOs increased because the company or shops online generated new addresses day by day to receive BTC this is the reason that I think why we see this high "Number of Unspent Transaction Outputs" this year.

[pooya87]

I am under the impression that UTXOs indicate a higher number of Coins being hodled.

UTXO is unspent transaction output and that is exactly what it is, nothing more. the only thing we can conclude based on that is that adoption is growing. i don't think we can say by how much and that only works when you look at the set in a bigger interval like yearly not anything shorter.

This seems to be consistent with the great pump and subsequent collapse of 2017/18.

again it is "unspent transaction output", during 2017 bitcoin was under a sever spam attack. one form of spam attack is to increase the size of UTXO set as the attacker creates thousands of transactions every second and that causes the spike.
it has nothing to do with the price.

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?

it is only "holders" if those outputs aren't spent for long time such as years. and unless you find a way to analyze that you can not make that conclusion.
as i said that increase mostly shows adoption, and that is a positive thing.

[Saint-loup]

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

I think it's just because of the price, with 1btc at 1$, people will pay with blocks of 100 or even 1000btc and since there is only a limited supply of btc, you can only have few UTXOs. But with 1btc at 10 000$, people only need to spend small parts of these UTXOs each time. So BTCs are granularizing in several new UTXOs of small amount of satoshis.
If the price fell down to 1$ again people will need to consolidate several of these UTXOs to only pay 1$ in btc, and there will be less UTXOs.
In brief I think this chart is the inverse of the average amount in satoshis of UTXOs.