According to ChainCatcher, analyst Darkfost noted that more than half of Bitcoin's active supply is now in a loss position, surpassing the portion in profit. After excluding Bitcoin dormant for over 10 years, the estimate shows less than 45% of active supply remains profitable. Historically, when this ratio falls below 40%, it typically correlates with market pullback lows; conversely, when approaching 100%, reversal risks increase.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.