Long-term holder supply in loss is now around 41%.
That is extremely high for this stage of Bitcoin’s maturity.
In 2015, the bottom needed over 50% of LTH supply in loss.
In 2019, around 45%.
In 2022, just over 42%.
The threshold is falling as #Bitcoin matures.
https://x.com/OnChainMind/status/2064745994089111805
That is extremely high for this stage of Bitcoin’s maturity.
In 2015, the bottom needed over 50% of LTH supply in loss.
In 2019, around 45%.
In 2022, just over 42%.
The threshold is falling as #Bitcoin matures.
https://x.com/OnChainMind/status/2064745994089111805
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