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Bitcoin The Block

Bitcoin’s early July bounce rides thin summer liquidity as half of supply still sits underwater: analysts

BTC traded around $63,500 after a six-day rally as Wintermute and Bitfinex flagged weak ETF demand, while K33 said 50% of supply is at a loss.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin’s early July bounce rides thin summer liquidity as half of supply still sits underwater: analysts

BTC traded around $63,500 after a six-day rally as Wintermute and Bitfinex flagged weak ETF demand, while K33 said 50% of supply is at a loss.

Why this matters

Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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