Bitcoin price rebound stops at $103K with 30% of BTC supply ‘underwater’
Bitcoin unrealized losses reached almost one-third of the supply, even before BTC price fell to multimonth lows below $100,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin unrealized losses reached almost one-third of the supply, even before BTC price fell to multimonth lows below $100,000.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRP rebounds 32% from $1 as ETF money pours in and whales reposition
XRP is on course for its strongest monthly gain in more than a year after recovering from below $1, even as a fresh pullback and h...
Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze
Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sha...
Sui Stablecoin Supply Holds Near $500M as Volume Tops $65B
Sui’s onchain stablecoin supply is holding near $500 million, per Defillama, even as the network’s zero-fee transfer rails keep pr...
Circle Mints 5 Billion USDC in a Week as Supply Race With Tether Heats up
Circle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance push...
Bitmine Is 187,000 ETH Away From Owning 5% of All Ethereum, And It Just Got a Lot Closer
In the latest Ethereum news today, Bitmine is 187,000 ETH away from owning 5% of the entire Ethereum supply, and last week’s buy c...
Zcash Rally Widens Mining Revenue Lead Over Bitcoin and AI HPC
Zcash’s rally to a record of about $890 has sharply widened its existing mining revenue advantage over bitcoin and AI high-perform...