Bitcoin Supply In Profit Drops To 55%, Is The Bottom Here Yet?

Bitcoin Supply In Profit Drops To 55%, Is The Bottom Here Yet?


Bitcoinist
2022-05-27 19:00:12

On-chain data shows the Bitcoin supply in profit has dropped to just 55% recently. Here’s what historical trend suggests regarding if a bottom has already been hit or not. Around 45% Of The Bitcoin Supply Is Underwater Right Now As pointed out by an analyst in a CryptoQuant post, during past cycles the supply in […]