Nearly 25% of all Bitcoin is now underwater

As of the time of writing, nearly 5 million Bitcoins (BTC) are being held at a loss, representing almost a quarter of total supply.  Data retrieved by Finbold from market intelligence platform CryptoQuant on April 8 reveals that 24.8% of the digital asset’s supply is currently in the red. BTC held at a loss in percentage terms chart source: https://finbold.com/nearly-25-of-all-bitcoin-is-now-underwater/