Bitcoin Supply In Profit Rises To 83.6% – Market Momentum Building Again
Bitcoin (BTC) is showing renewed strength, reclaiming the $115,000 level after weeks of volatility and uncertainty. Bulls are attempting to build momentum for a potential impulse move higher, aiming to confirm a sustained bullish structure after the recent consolidation phase. Related Reading: Ethereum OG Drives $500M Liquidity Flow Into ConcreteXYZ & Stable Vaults – Details On-chain data continues to reveal a clear and repeating pattern tied to investor behavior and market cycles. Historically, when the percentage of Bitcoin supply in profit climbs above 95%, the market tends to enter an....
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On-chain data shows the Bitcoin Supply in Profit has witnessed a sharp increase recently. Here’s whether the current level is considered high or not. Bitcoin Supply In Profit Has Crossed The 87% Mark According to the latest weekly report from Glassnode, the Bitcoin Supply in Profit has marked an improvement alongside the latest rally in […]
On-chain data shows around 82% of the Bitcoin short-term holder supply is currently in loss, suggesting that capitulation may occur soon. 82% Of Bitcoin Short-Term Holder Supply Now In Loss, While Total STH Supply Declines According to the latest weekly report from Glassnode, the BTC STH supply is nearing all-time lows at the moment. However, 82% of it is being held at a loss. The “BTC short-term holder supply” is that part of the total Bitcoin supply that has been held for less than 155 days. The investors holding this supply are usually the likeliest to sell their coins off....
ADA has always been a holder’s token. The network boasts one of the highest percentages of its circulating supply that is currently staked by investors. These investors usually believe that the best way to make a profit is to stake and earn tokens while simultaneously helping secure the network. This is what has led to […]
Bitcoin continues its gradual recovery, currently trading above the $94,000 level at the time of writing. This upward trend follows a recent correction that pushed prices down earlier this month. Despite the recent gains, Bitcoin remains about 12.7% below its all-time high set in January. While investors monitor price resistance levels around the psychological $100,000 mark, on-chain metrics are beginning to show significant changes in market behavior that may influence short- and mid-term sentiment. A key development recently highlighted is the rising proportion of the Bitcoin supply that....
On-chain data shows the Bitcoin Supply in Profit has taken a significant hit following the crash the cryptocurrency has seen recently. Bitcoin Supply In Profit Dropped To Around 81% During The Crash As explained by an analyst in a CryptoQuant Quicktake post, the latest drawdown in the cryptocurrency has resulted in a portion of the […]