The percentage of $Bitcoin UTXOs in loss has recently risen to nearly 60%.


Levels comparable to previous all-time highs (ATH) in this metric typically appear only during market capitulation phases.
In the 2011, 2015, 2020, and 2022 cycles, whenever the ratio of UTXOs in loss spiked, $Bitcoin came very close to the market bottom before the trend reversed.
This indicates that the majority of high-price buyers have fallen into a state of unrealized loss, while supply is gradually shifting to long-term investors.
Insights often occurs just before confidence returns to the market.
BTC2.38%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned