The offer held for losses exceeds the offer held for gains.



For the first time since the bottom of the 2022 bear market, there are now more Bitcoins held at a loss than coins held at a gain.

According to ARK Invest, the share of the supply that was moved at a profit fell from about 57% to 46% in the second quarter, while the share of the supply that was moved at a loss rose from about 43% to 54%.

Historically, these crossovers often coincided with the market’s periodic bottoms. ARK says that an increase in the proportion of coins that are now below the purchase price may indicate seller exhaustion—a condition that has often preceded recovery waves rather than further capitulation.
#البيتكوين $BTC $GT $SOL
#PreIPOsSeason2OpenAISubscription #GateDEXIntegratesWithRobinhoodChain #TSMCQ2NetProfitSurges77%
BTC-0.16%
GT-1.31%
SOL0.55%
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