06-06-2023 23:00 via newsbtc.com

Bitcoin Crash To $25,800 Sends 6.5% Of Supply Into Loss

On-chain data shows yesterday’s Bitcoin crash from $27,300 to $25,800 alone sent 6.5% of the supply into a state of loss.
Bitcoin Supply In Profit Shrunk Down To 62.5% Following The Price Plunge
According to data from the on-chain analytics firm Glassnode, a further 1.26 million coins were lost after the latest price plummet. The relevant indicator is the “percent supply in profit,” which measures the percentage of the total circulating Bitcoin supply currently being held at a
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