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