99.4% of Bitcoin is Profiting: Bullish Sentiment Fuels Record High

A new report from CryptoQuant reveals that nearly the entire Bitcoin supply is currently in profit, a trend suggesting a strong bullish sentiment. 99.4% of all Bitcoin holders are currently earning on their investments, according to the analysis by CryptoQuant analyst Axel. This remarkable achievement signifies one of the most optimistic market phases in recent history and coincides with an increase in investors’ confidence. The realized price for short-term Bitcoin holders has also risen to $133,000, potentially opening doors for continued gains.