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via Cointelegraph · By Cointelegraph Staff
Bitcoin Profitability Boost In Doubt As Metric Stays Below Key Breakeven Line
BTC
BTC/USDT
$64,386.83
+0.33%
$64,386.83
+0.33%
(24s)24h Volume
$4,799,252,148.72
24h H/L
$64,475.28 / $63,810.00
Change: $665.28 (1.04%)
Long/Short
65.4%
Long: 65.4%Short: 34.6%
Funding Rate
+0.0001%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(09:43 AM UTC)
1 min read
524 views
0 commentsBitcoin (BTC) investors are back in aggregate profit, but onchain data suggests it’s too early to confirm a new bull market.
Key points:
- Bitcoin supply profitability is improving, but the trend must prove its staying power before confirming a market recovery, says CryptoQuant.
- Supply in profit is now approaching 60%, up from its 2026 low near 46% less than a month ago.
- Long-term holder onchain losses…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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