Bitcoin’s profitable active supply has fallen below 45%—holders are likely sitting on losses
The share of Bitcoin’s active supply in profit has fallen below 45%. That means people holding BTC and trading frequently are likely losing money. More than half of the active coins are underwater, and there’s no profit-making momentum in the market. A short-term bounce isn’t something you can count on. This isn’t fearmongering—it’s what the on-chain data shows, and every holder should take a clear-eyed look.
Ethereum is back at $1,873.55. The shadow of BitMine selling off at a loss of $6.3 billion hasn’t lifted, and ETH is falling in tandem with BTC as funds pull out of risk assets. As for Dogecoin, whales have sold 750 million DOGE, putting clear pressure on the price and making a short-term recovery difficult. The numbers for all three coins point in the same direction: money is changing hands—not flowing in, but fleeing.
Most of BTC’s active supply is in the red. ETH is weighed down by institutional losses and struggling to rebound on its own. After DOGE whales pull out, retail investors are unlikely to push the price up by themselves. The market as a whole has no bullish momentum right now. Any attempt to call a bottom could leave you trapped, with risks far outweighing potential gains.
Old Ma has always said Dogecoin is the people’s currency, but today’s market tells everyone that without money flowing in, no coin can rally on its own. Tonight, watch to see whether BTC can hold its key range. If it breaks below, it could keep falling; only if it holds will there be room to talk about a rebound. Don’t try to catch a falling knife right now.
🐶 Let’s check out Old Ma’s little dog together ✨🚀
The share of Bitcoin’s active supply in profit has fallen below 45%. That means people holding BTC and trading frequently are likely losing money. More than half of the active coins are underwater, and there’s no profit-making momentum in the market. A short-term bounce isn’t something you can count on. This isn’t fearmongering—it’s what the on-chain data shows, and every holder should take a clear-eyed look.
Ethereum is back at $1,873.55. The shadow of BitMine selling off at a loss of $6.3 billion hasn’t lifted, and ETH is falling in tandem with BTC as funds pull out of risk assets. As for Dogecoin, whales have sold 750 million DOGE, putting clear pressure on the price and making a short-term recovery difficult. The numbers for all three coins point in the same direction: money is changing hands—not flowing in, but fleeing.
Most of BTC’s active supply is in the red. ETH is weighed down by institutional losses and struggling to rebound on its own. After DOGE whales pull out, retail investors are unlikely to push the price up by themselves. The market as a whole has no bullish momentum right now. Any attempt to call a bottom could leave you trapped, with risks far outweighing potential gains.
Old Ma has always said Dogecoin is the people’s currency, but today’s market tells everyone that without money flowing in, no coin can rally on its own. Tonight, watch to see whether BTC can hold its key range. If it breaks below, it could keep falling; only if it holds will there be room to talk about a rebound. Don’t try to catch a falling knife right now.
🐶 Let’s check out Old Ma’s little dog together ✨🚀