Episode Details
Back to EpisodesBitcoin Supply in Profit Rose to 56%, but the Quarterly Trend Remains Negative
Episode 221
Published 2 months, 1 week ago
Description
Around 56% of BTC supply is now in profit, compared with 47% at the June low. Market structure has improved, but the 90-day change remains negative: the profitable supply base is recovering, yet it is still well below where it stood three months ago.