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Nearly half of BTC is at a loss.
Around 9.09 million BTC — roughly 46% of the total supply — are currently at a loss for their holders.
At the current price of about $66,200, a significant portion of the market is holding positions below breakeven.
Historically, such zones have often been accompanied by high volatility and a redistribution of coins from weak hands to strong hands.
#Bitcoin, #BTC, #CryptoNews