Bitcoin Price Rally Fails to Lift Majority of Investors Out of Losses
Despite a significant price increase in Bitcoin, a substantial portion of invested capital remains at a loss. According to recent data, $617 billion is still trapped in losses, even with the current uptrend.
The surge has pushed around 69% of the available Bitcoin supply back into profit territory, currently priced at $79,131. This trend indicates that the majority of investors are now making gains. However, this comes as a stark contrast to the larger pool of invested capital, which has yet to recover its losses.
Data suggests that during most of the current cycle, the portion of the supply in profit territory already exceeded 50%. Despite the recent upswing, it seems that the vast majority of investors are still struggling to break even.