Institutional Data and Market Intelligence for Digital Assets.
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Post #6
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Currently 79% of all #Bitcoin supply is in a state of profit.
It has been steeply increasing since its 45% low in March after Black Thursday.
Historically, levels of 90% and higher have clearly marked pronounced BTC bull markets.
View live chart | @glassnode
It has been steeply increasing since its 45% low in March after Black Thursday.
Historically, levels of 90% and higher have clearly marked pronounced BTC bull markets.
View live chart | @glassnode