Originally published at: Almost 47% of Bitcoin’s Supply at a Loss as BTC Price Crashed Below $30K (cryptopotato) – We Never See Nothing
Bitcoin’s price crashed below $30K yesterday (on Binance) for the first time since July 2021. It reached a low of $29,730. Data from the popular analytics resource, CryptoQuant reveals that 46.8% of Bitcoin’s supply is at a loss. This means that investors acquired it at a higher price. Source: CryptoQuant This happened as Bitcoin’s price plunged…