Bitcoin’s Supply Profit Drops to 88%: What It Means for Investors and the Market’s Future
Bitcoin’s price is currently at $95,600, down from its all-time high of $106,800, leading to significant selling among holders. After the US elections in November, BTC rose to $89,000, with over 99% of its supply making a profit. However, by Christmas, this had dropped to 88.89%, showing that many were selling. Despite high prices, the ...
