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  • one year ago
  • Source CryptoSlate

Bitcoin price stabilizes but profitability gap points to unease

Summary

In early March, Bitcoin's price surge led to nearly 100% of UTXOs and overall supply being in profit, indicating high market optimism as Bitcoin neared $73,000. Recent market shifts have changed these metrics, affecting the sentiments of Bitcoin holders. Smaller, frequent traders may be more vulnerable to price declines compared to long-term investors.

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