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The percentage of supply in profit has dropped from 99% to 76%, meaning that 23% of the total BTC supply is currently in an unrealized loss.
This amounts to approximately 4,561,966 BTC out of a total of 19,834,633 BTC in circulation.
This decline can be worrisome, especially among inexperienced investors. However, during the previous consolidation phase, this figure dropped to 70%, confirming similar macro market cycles.
This amounts to approximately 4,561,966 BTC out of a total of 19,834,633 BTC in circulation.
This decline can be worrisome, especially among inexperienced investors. However, during the previous consolidation phase, this figure dropped to 70%, confirming similar macro market cycles.
