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Glassnode: 87% of Bitcoin's circulating supply is still profitable

Glassnode: 87% of Bitcoin's circulating supply is still profitable

CointimeCointime2024/06/19 12:16
By:Cointime

According to analysis from Glassnode, despite the current fluctuations in the price of Bitcoin within a narrow range, this indicates that Bitcoin is consolidating and investor sentiment is lackluster. However, 87% of the current circulating supply is still in a profitable state.

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