Glassnode: The proportion of Bitcoin supply in a state of floating profit has dropped to 89.43%
On July 18th, according to data from Glassnode, the percentage of Bitcoin supply in profit has dropped to 89.43% at current prices. Since mid-June, this indicator has fallen by 6.5%, when the price of Bitcoin was around $70,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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