Data Shows 94% of BTC Holdings Are Profitable

The number of Bitcoin (BTC) addresses showing a profit has seen a major jump followingย Bitcoinโ€™s recent price gain, which pushed it above $65,000. According toย IntoTheBlockโ€™s data, more than 50.67 million BTC addresses bought the digital currency for less than $65,500, representing around 94% of all Bitcoin holders.

On the flip side, approximately 6% of BTC addressesโ€”roughly 3.37 millionโ€”purchased the crypto at around $68,139, holding a collective volume of 1.58 million Bitcoins. Out of the total, more than 80,000 active BTC addresses are currently in profit, while approximately 247,000 addresses are at theโ€ฆ

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