Santiment Announced How Much Profit Investors Made in Which Cryptocurrencies! He said Pay Attention to the Single Project Showing Low Profit!

cryptocurrency In its newly published data, analysis company Santiment determined how many investors are in profit and how many are in loss, especially in large crypto assets.

Company analysts found the supply rate in question by comparing the current price with the purchase price of the asset under investigation by wallets. Then, the amount of supply currently in profit was determined.

In his analysis, Santiment said that the high proportion of investors who are in profit means that most investors bought this asset at a very low price. According to analysts, in a bull market like the one Bitcoin has been experiencing since October, these rates can reach quite high levels. This generally correlates with “overbought” indicators.

Here are the amounts of supply in profit in major cryptocurrencies, according to Santiment data:

• Bitcoin: 89.9%
• Ethereum: 84%
• XRP: 77%
• Cardano: 51.9%
• Dogecoin: 76.7%
• Chainlink: 78.2%

In his statement, Santiment argued that attention should be paid to projects with a low ratio of investors making a profit, as these may indicate “lower than their original value” compared to the rest of the market.

*This is not investment advice.