Analysis: The supply of Bitcoin in profit and loss has reached typical levels for a bear market, with approximately 8.2 million BTC in a loss state.

ZkProver · 2026-04-03T09:09:33+00:00

CryptoQuant analyst Darkfost pointed out that the profit and loss supply of Bitcoin has reached typical bear market levels, with approximately 11.2 million Bitcoins in profit and 8.2 million in loss, indicating that the market is significantly undervalued, similar to the last bear market.

ZkProver

2026-04-03 09:09:33

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ChainCatcher message: CryptoQuant analyst Darkfost says Bitcoin’s profit/loss supply has reached the typical level seen during the bear market. Currently, about 11.2 million Bitcoins are still profitable relative to their purchase price. This is not far from the lowest level of profitable Bitcoins during the last bear market (9 million).

On the other hand, around 8.2 million Bitcoins are currently at a loss. During the last bear market, the number of loss-making Bitcoins was about 10.6 million. This indicates the market is in a significantly undervalued state, similar to what happened during the last bear market.

BTC-0,33%

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