📊 Rising Share of Bitcoin Supply in Loss Signals Market Pressure
According to data from CryptoQuant, the percentage of Bitcoin supply currently held at a loss has been steadily increasing, approaching the 40%–45% range.
Historically, this level has often appeared during the early stages of bear markets, when a significant portion of investors holds coins below their purchase price.
🔎 What this suggests:
Market sentiment remains under pressure
Many holders are sitting on unrealized losses
Similar levels in past cycles often marked transitional phases in the market structure
📉 While this doesn’t confirm a prolonged downturn on its own, it highlights the growing stress within the market as prices fluctuate.