99.4% BTC supply winning power, market sentiment is optimistic
According to BlockBeats, on October 7, CryptoQuant analyst Axel stated that currently 99.4% of the BTC supply is in a state of profit. Almost all holders are realizing paper profits, and market sentiment remains highly optimistic. Current short-term holders' realization price target points to 13.3 w dollars.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
99.4% BTC supply winning power, market sentiment is optimistic
According to BlockBeats, on October 7, CryptoQuant analyst Axel stated that currently 99.4% of the BTC supply is in a state of profit. Almost all holders are realizing paper profits, and market sentiment remains highly optimistic.
Current short-term holders' realization price target points to 13.3 w dollars.