HomeCommunityPost Detail

Crypto breakout

Post detail
avatar frame
Crypto breakout
@BreakOut_Expert

With the market approaching YTD highs, a significant proportion of the supply has now recovered from being held 'in-loss' to 'in-profit'. The percent of supply in profit jumped by a massive 4.7M BTC, equivalent to 24% of the total circulating supply. This provides insight into the volume of coins which changed hands, and have a cost basis between $27k and $35k.


With 81% of the supply now in profit, the market has now returned to positive gear, with this metric now being above the long-term average for this metric (shown in green).


you can also took a position on other altcoin like sand mana uni matic bnb Bitcoin solana bitcoincash egld c98 1inch wax altura $BTC $ETH $DOT $SOL #btc #eth #sol #crypto

image
November 06, 2023 at 12:17 PM
287
23
10
9
7
6
3
12
1
Guest
BullishBearish
Crypto breakout@BreakOut_Expert
0Following0Followers
🔥  Trending Topics
Loading
Trending Tokens
Loading
Recommended Accounts
Loading
Disclaimer: The data and information contained therein are provided by a third party and CoinMarketCap does not create such data. See full terms
here