Markets· ★★· neutral·

CryptoQuant: Bitcoin profitable supply holds near 60% excluding coins idle for 10+ years

  • —Profitable BTC supply has held near 60% since August
  • —Metric excludes coins idle for more than 10 years
  • —Part of the long-dormant supply is likely lost
  • —Analyst sees no signs of market overheating
Why it matters: The reading shows most liquid supply is in profit without euphoria, leaving room for further upside.
Source: TokenPost