Bitcoin’s surge to yearly high marked 99.6% of its supply in profit

Quick Take The past week saw Bitcoin reach a yearly high, hitting $64,000, causing the circulating supply in profit to reach a staggering 99.6%. Notably, on Feb. 26, we observed the supply in profit elevate above 95% for the first time since November 2021, according to Glassnode. As Bitcoin’s price appreciated from $51,000 to $64,000 […] source: https://cryptoslate.com/insights/bitcoins-surge-to-yearly-high-marked-99-6-of-its-supply-in-profit/