Bitcoin Supply in Profit Hits 69.3%, Glassnode Says: Here's Why That's Concerning
Glassnode warns Bitcoin faces a sharp move as leverage rises, ETF inflows accelerate and profitable holders increase selling pressure.
Share
Why It Matters
Most people who own Bitcoin right now are in profit, which usually means they might sell soon to lock in gains. When lots of profitable holders sell at the same time, it can create big price swings that are hard to predict.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.