Darkfost: Loss-making positions now account for a larger proportion of active Bitcoin supply than profitable positions.

Analyst Darkfost points out that the percentage of active Bitcoin supply that is currently operating at a loss has surpassed that of profitable Bitcoin. This estimate excludes Bitcoin that hasn't moved in over 10 years, and after adjustment, less than 45% of the supply is profitable. Historical data shows that when this ratio is below 40%, it corresponds to the low point of a market correction phase, and when the ratio approaches 100%, the risk of a market reversal increases.