There Will Be No More Selling Pressure in Bitcoin: 97 Percent of Investors are in Profit!

With the recent rises, 97% of Bitcoin (BTC) investors made a profit.

With Bitcoin rising above 65 thousand dollars, the vast majority of investors made a profit. IntoTheBlock According to data provided by Bitcoin, users investing in Bitcoin More than 97% reached a profitable position.

With investors reaching such high profitability rates, Contrary to the general belief that it may bring selling pressure IntoTheBlock analysts who made a statement said that such a There may be no risk of selling pressure noted.

The number of new users entering the market has increased recently and these new users bought the Bitcoins that the users who had previously invested and made a profit wanted to sell, so there is a situation in the middle. balance It was emphasized that:

Given the significant percentage of addresses in profit, the selling pressure from users trying to break the tie no longer has a significant impact. New entrants to the market to buy Bitcoin or altcoins are essentially buying from existing users who are already making a profit.

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