Bitcoin's supply in loss exceeds supply in profit for the first time since the 2022 bear market bottom

Odaily Planet Daily News According to data from ARK Invest, in the second quarter, the proportion of Bitcoin supply in profit decreased from approximately 57% to about 46%, while the proportion of supply in loss increased from around 43% to about 54%. This is the first time since the bottom of the 2022 bear market that the amount of Bitcoin supply in loss has exceeded the amount in profit. ARK stated that historically, such crossovers have often been concentrated near cycle lows, and an increase in the proportion of coins in loss may indicate exhaustion of selling pressure. (Bitcoin News)