#On-chain metrics analysis of
$BTC Bitcoin: Loss-to-Supply Ratio (excluding those with a lifespan > 7 years)
Compare the active profitable and loss-making supply, remove dormant chips that have been dormant for more than 7 years, and identify the periodic surrender window using the 7-day moving average.
Active supply profit and loss status: bottom of the bear market
The current 7-day moving average ratio is 0.69.
Of the active supply, approximately 41.0% is profitable and 59.0% is loss-making.
The 7-day average is 0.62, and the 30-day average is 0.65.
The ratio is below the threshold of 0.31,