When the supply of Bitcoin at a loss exceeds the supply at a gain, it signals the bottom of a bear market.
2026-06-04 18:25:12
According to CoinWorld, for the first time, the supply of Bitcoin (BTC) in losses has exceeded the supply in profits, reaching over 10 million coins, more than half of the total circulating supply. According to Glassnode data, the supply in losses reached approximately 10.5 million coins when Bitcoin's price fell to $61,300 on Thursday. This is the first time in the current market cycle that the supply in losses has exceeded the supply in profits. Historically, this shift typically occurs during deep bear markets and often coincides with market bottoms. The total circulating supply of Bitcoin is approximately 20 million coins, and currently, more than half of Bitcoin is in an unrealized loss state. Meanwhile, the supply in profits has decreased to approximately 9.8 million coins.
Bullish 2
Bearish 2
Source:CoinDesk
This content is for market information only and does not constitute investment advice.