Bitcoin Faces Pressure with 7.75 Million Coins Held at a Loss
— CryptoPolitan
Bitcoin is facing uncertainty with 7.75 million coins held at a loss.
Bitcoin's 7.75 million coins are back at loss levels, creating uncertainty for investors.
- As of May 2025, 7.75 million BTC are held at a loss, testing investor patience and creating pressure on the market.
- The average cost basis of BTC is close to current price levels, increasing the likelihood of potential capitulation; only 53% of the supply is held at gains.
The high supply of BTC held at a loss can exert pressure on the market and may require additional factors for price increases.