Event JSON
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"Bitcoin Supply In Profit Hits 87%—Are Euphoria Levels Here Yet?"
],
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"The Supply in Profit metric, which tracks the percentage of Bitcoin supply held at an unrealized gain, has seen a notable jump recently. This increase is attributed to the rise in Bitcoin's price, which has led to a surge in profit-taking. Historically, high levels of Supply in Profit have been associated with overheating and a potential top for the asset. However, if the metric is able to sustain at high levels, it can indicate strong demand and elevated investor confidence."
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqmvlm9xukx5pek66dzt2muwkefhx3mzc4thlzt756n9h8dplrtk3qmxle2g\nhttps://i0.wp.com/insights.glassnode.com/content/images/2025/04/Group-137691966-1.png?resize=2000%2C1125\u0026#038;ssl=1\nOn-chain data shows the Bitcoin Supply in Profit has witnessed a sharp increase recently. Here’s whether the current level is considered high or not. Bitcoin Supply In Profit Has Crossed The 87% Mark According to the latest weekly report from Glassnode, the Bitcoin Supply in Profit has marked an improvement alongside the latest rally in […]\nhttps://bitcoinist.com/bitcoin-supply-profit-hits-87-euphoria-levels-yet/",
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