Recent data revealed that more than 80% of the total supply of Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) is in profit.
On-chain analysis platform Santiment revealed a remarkable data. Shared by Santiment on January 18 in post, Bitcoin, Ethereum And Ripple’s of their total supply Based on current prices respectively 83%, 84% And 81% It was stated that he was in the snow.
“All three cryptocurrencies achieve such a profitability rate.”high risk areaThe analysis platform, which defines it as “, still shows that the intense interest in cryptocurrencies can continue the upward wave he emphasized.
On the other hand, Santiment ideally requires a profitability ratio for long-term growth. It would be healthier to correct below 75% he stated.
Profitability average 2018 Finally, for these 3 cryptocurrencies, in the table that calculates with the data received since 80% profit rate on in March 2022 had been seen.
Approximately the high profitability rates achieved on the specified date Serious drops in Bitcoin price after 1 month seen and Terra (LUNA) The declines deepened with the collapse of the ecosystem in May.
