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Benzinga
Benzinga
Business
Murtuza J Merchant

97% Of Bitcoin Wallets Are Now In Profit — What Does It Mean For Your Portfolio?

Bitcoin Glassnode Crypto
Bitcoin,Gold,Coin,And,Defocused,Chart,Background.

Bitcoin (CRYPTO: BTC) has demonstrated exceptional resilience in the face of a massive sell-off, with over $1.4 trillion in unrealized gains still held by market participants.

According to Glassnode's weekly report, an overwhelming 97% of Bitcoin's circulating supply remains in profit, demonstrating the market’s maturity and liquidity depth.

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