Bitcoin Profit Supply Nears 60% as Recovery Signal Stays Fragile

Bitcoin supply in profit climbed to 57.5% as of July 22, up from 46.2% on June 30. CryptoQuant contributor thechessONCHAIN said a confirmed recovery needs supply in profit above 64% and long-term holder SOPR above 1 for a sustained period.
BTC-2.16%
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