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Analysis: Over 28% of BTC supply is at a loss, signaling a potential bottom

November 05, 2025, 1:46 PM
Approximately one-third, or more precisely over 28%, of the circulating Bitcoin supply is currently held at a loss, according to an analysis by CryptoQuant contributor I. Moreno. He explained that this figure suggests the market has entered a psychological inflection point. Moreno added that while further corrections could follow, this range has historically coincided with buying opportunities and short-term bottoms for Bitcoin.

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