Data: Bitcoin Supply in Loss Exceeds Profitable Supply for the First Time in Current Cycle, Indicating Market Consolidation Phase

07/04 06:25

On July 4, according to Glassnode data, the total amount of Bitcoin in a loss state has surpassed the total amount in a profit state. The data shows that approximately 10.83 million BTC are currently in a floating loss, while about 9.22 million BTC remain in a floating profit. This is the first time this crossover phenomenon has occurred in the current market cycle. Historically, similar situations were observed in 2018 and 2022, after which the market entered a prolonged consolidation phase before prices gradually began to recover.
bullishbullishbullishBoğabearishbearishbearishAyıBeğenPaylaş
Sorumluluk ReddiYukarıdaki içerik HTX'ın tutumunu temsil etmez.HTX herhangi bir alım satım önerisinde bulunmaz.

İlgili Makaleler

  • Image

    Bitcoin eyes macro jump to $70K after drop below $60k – What’s next for BTC?

  • Image

    Whale bets $70M on Bitcoin, Solana recovery – Will Fed’s hike fears ruin it?

  • Image

    Solana dApps Generated $257 Million In Q2 Revenue, Data Shows

Tüm Yorumlar0En yeniPopüler

avatar
En yeniPopüler

İlgili Makaleler

  • Image

    Bitcoin eyes macro jump to $70K after drop below $60k – What’s next for BTC?

  • Image

    Whale bets $70M on Bitcoin, Solana recovery – Will Fed’s hike fears ruin it?

  • Image

    Solana dApps Generated $257 Million In Q2 Revenue, Data Shows