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Three-quarters of BTC addresses still in profit despite market decline: Glassnode

The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance,” and long-term holders are the most likely to be in the green.

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Three-quarters of BTC addresses still in profit despite market decline: Glassnode

The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance,” and long-term holders are the most likely to be in the green.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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