#BitcoinActiveSupplyInProfitDropsBelow45% Bitcoin Active Supply in Profit Drops Below 45%
Bitcoin is facing growing market pressure as the share of active supply held in profit falls below 45%, according to recent on-chain data. This means more than 55% of actively circulating Bitcoin is currently underwater, with holders facing unrealised losses. The decline reflects weakening market sentiment and Bitcoin's recent price correction toward $67,000, its lowest level since August. Historically, readings below 40% have often appeared near major market correction lows, making this indicator important for investors. Some analysts view declining profitability as a potential contrarian buying opportunity, although further downside remains possible. Traders will monitor Bitcoin's price stability, accumulation activity and recovery in profitable supply to assess whether the market is approaching a potential bottom. $ETH $BTC $EVAA
Bitcoin is facing growing market pressure as the share of active supply held in profit falls below 45%, according to recent on-chain data. This means more than 55% of actively circulating Bitcoin is currently underwater, with holders facing unrealised losses. The decline reflects weakening market sentiment and Bitcoin's recent price correction toward $67,000, its lowest level since August. Historically, readings below 40% have often appeared near major market correction lows, making this indicator important for investors. Some analysts view declining profitability as a potential contrarian buying opportunity, although further downside remains possible. Traders will monitor Bitcoin's price stability, accumulation activity and recovery in profitable supply to assess whether the market is approaching a potential bottom. $ETH $BTC $EVAA
