68% of Bitcoin supply in loss after BTC price drop

68% of Bitcoin supply in loss after BTC price drop

Blockchain
May 26, 2023 by secret
100
[ad_1] Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could