For the first time in the current financial cycle, more Bitcoin is being held at a loss than at a profit, signaling a noteworthy shift in market sentiment. Data provided by Glassnode reveals that 10.83 million BTC are now underwater, surpassing the 9.22 million BTC still in profit.
Continue Reading:Bitcoin Holders in the Red: Market Dynamics Shifting
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.