OH MY GOD CAN YOU BELIEVE IT? More than 99% of $BTC is currently profitable ⁉️
Last night when BTC reached its highest peak this year at $64K, data showed that ~99.4% of BTC in circulation was profitable
=> Proves that the number of BTC holders at the peak is not much left
As soon as it hit its peak, the price of #BTC also corrected sharply, the main reason still coming from ETFs:
- #GRAYSCALE sold over $216M
- #BlackRock sold over $4.6B
- Meanwhile, many other funds such as WisdomTree or Bitwise saw positive cash flow
The buying force is becoming extremely strong and the community is just waiting for Dom to decrease to collect Altcoins in anticipation of Altseason.
In addition to BTC and $ETH , money also flows into memecoin projects such as PEPE, BONK or $DOGE
When Alt season, eh?
