46% of Bitcoin’s supply is now underwater: Will BTC’s losses keep mounting?

TL;DR:

Approximately 9. 09 million BTC, or 46% of the Bitcoin supply, is currently sitting at a loss.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.