43% of Bitcoin Supply Is In Loss As Market Nears Bear Territory
A growing share of Bitcoin supply has slipped underwater, with CryptoQuant contributor Darkfost arguing that the market is now sitting much closer to historical bear-phase conditions than to a confirmed bull trend. His latest charts show 43% of Bitcoin supply held in UTXOs is currently in loss, leaving just 57% in profit. Featured image created with DALL.E, chart from TradingView.comAbout Author
