Number of Bitcoin (BTC) Addresses in Profit Drops Below 50 Percent

The declines in Bitcoin (BTC) prices as of the end of July caused Bitcoin addresses in profit to fall below 50%.

Recently, the Bitcoin level has been re-established. for $21,000 number of profitable addresses since the beginning of the year 50% for the first timeof fell under. past 9 months of decline Compared to other cryptocurrencies, Bitcoin has managed to protect its investors throughout. However, with the recent decline, changes were observed in the data. According to data provided by research firm Intotheblock, the number of profitable addresses on Bitcoin is currently only 46.65% seen as.

These data are the current transaction price. $21,103 based on it. Although Bitcoin continues to keep the majority of its investors in profit, it is at the rate of profitable wallets compared to last week. 3%There was more than a drop. Your addresses 6%because they make their Bitcoin purchases at current prices. in the neutral zone they are located.

currently 21.83 million addresses In Bitcoin investments in the snow while 22.11 million addresses because of their investments in loss position is located. According to experts, the reason why Bitcoin wallet profitability rates have dropped so much for the first time since the beginning of 2022 is due to “experiences in prices. dead cat splashes” is highlighted.

source site-9