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What Percentage of Bitcoin (BTC) Addresses Are at a Loss and What Percentage Are in Profit? There is an unprecedented rate!
According to the latest data shared by cryptocurrency analyst Alphractal, only 9.6% of Bitcoin holders are at a loss. This rate stands out as one of the lowest levels in history when compared to major market crashes in the past.
Alphractal summarizes this situation by comparing it with data from previous years:
At the point we have reached today, about 90% of the addresses are in profit, which indicates that the current market health is quite strong, according to the analytics firm.
Alphractal's analysis highlights not only Bitcoin, but also data on the overall crypto market:
This data indicates that the current market cycle is very different from previous cycles, according to the analytics company. Even as the number of active altcoins increases, the dominance over the market remains in Bitcoin and stablecoins. According to the Alphractal analyst, this doesn't mean that altcoin season is impossible, but it shows how strong Bitcoin remains even in the midst of competition.