More bitcoin is now held at a loss than at a profit, a milestone that has marked past cycle lows Roughly 10.83 million BTC are currently held at a loss, meaning their holders paid more than today's price, against 9.22 million still in profit, according to Glassnode data. It is the first time loss-making supply has overtaken profitable supply since the current cycle began and reflects how deep the correction from bitcoin's $109,000 January peak has cut. Historically, these crossovers h…
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