glassnode
glassnode|Mar 25, 2025 15:37
More BTC is now held at moderate losses, while supply at higher profit margins has declined. YTD, there's been a notable reshuffling of holdings across profit and loss bands. In short: 🔺Losses are increasing, but they're not severe. 🔻High-profit holdings are thinning. 🔷There's growing concentration in the middle. A market that’s cooling off, but not capitulating.
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