86% of Bitcoin supply still in profit despite recent price drops – Glassnode

Quick Take As Bitcoin pushed toward a new all-time high in March, a significant milestone was reached on Feb. 28, with over 99% of the Bitcoin supply in profit. This was the first time since November 2021 that over 99% of the supply had been in profit, according to Glassnode data. On Feb. 28, just […] source: https://cryptoslate.com/insights/86-of-bitcoin-supply-still-in-profit-despite-recent-price-drops-glassnode/