Around $707 billion invested in Bitcoin is currently at a loss, nearly double the $380 billion currently in profit.
The number of active Bitcoin addresses has also fallen sharply from its December 2024 peak, although the volume of BTC transferred across the network remains nearly comparable to that period.
Bitcoin capital in loss exceeds capital in profit
The Bitcoin invested-capital metric recorded $707 billion in loss and $380 billion in profit at the time of measurement.
The index is calculated daily and reflects the average amount of capital in profit or loss across spot Bitcoin positions.
Spot Bitcoin Capital Status Value In loss $707 billion In profit $380 billion
Source: Darkfost on X
Analyst Darkfost says it could take the market several months to bring most capital back into profit. According to Darkfost, time is an important factor as the market emerges from a downturn; upward momentum could strengthen once that stage is reached.
Bitcoin retreats to $76,541 as $75,000 level draws attention
Bitcoin hit a low of $76,541 on Nov. 2, while the $75,000 level is seen as a key support level to watch.
The $75,000 demand zone coincides with the cost basis of short-term holders and is being monitored by both momentum traders and long-term investors.
Market sentiment remains bearish after a security breach at Brazilian exchange Mercado Bitcoin resulted in a $40 million loss and a temporary pause in transfers. The exchange has resumed withdrawals, while deposits were unaffected. The incident occurred just days after the Binance attack.
Active addresses decline, BTC transfer volume changes less
According to analyst Axel Adler Jr., the 30-day average number of active Bitcoin addresses fell to 629,000, down 43% from the peak of 1.10 million addresses in December 2024.
Source: Axel Adler Jr. Insights
In 2018, the number of active addresses fell 50% from 1.10 million to 547,000 in just three months. The decline that began in 2024 has lasted nearly two years.
By contrast, the 30-day average of daily Bitcoin transfer volume has fallen just 5.4% since December 2024, from 865,000 BTC to 819,000 BTC.
Metric Comparison benchmark Latest reading Change 30-day average active addresses 1.10 million, December 2024 peak 629,000 Down 43% 30-day average daily transfer volume 865,000 BTC, December 2024 819,000 BTC Down 5.4%
Source: Axel Adler Jr. Insights
Summary
Bitcoin capital in loss is nearly twice as large as capital in profit, while the number of active addresses has fallen much more sharply than the volume of BTC transferred on the network. The $75,000 price zone is a support level to watch.
Source: https://tintucbitcoin.com/bitcoin-can-nhieu-thang-phuc-hoi-do-khoan-lo-707-ty-usd-de-nang/
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