Bitcoin’s 6.6M BTC ‘Loss’ Looms Like a Thundercloud 🌩️

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Behold, dear reader, a most curious phenomenon! A veritable horde of Bitcoin tokens, numbering 6.6 million, has been spotted hoarding their coins above the current price, as if awaiting a grand recompense. One might say they’re playing a game of patience, though the stakes are considerably higher than a round of bridge. 🎩💰

Bitcoin’s Supply Overhang: A Tale of Sorrow and Speculation

As elucidated by the esteemed Maartunn, a sage of CryptoQuant, the enigmatic “Supply In Loss” metric reveals that a third of Bitcoin’s supply is currently languishing in financial purgatory. Imagine, if you will, a party where everyone is still paying for their drinks-except the host, who’s secretly plotting a comeback. 🕵️♂️

This indicator, akin to a mystical oracle, scrutinizes each coin’s transaction history to determine if it’s been sold for less than its purchase price. A most dreary affair, really, akin to reading a letter from a former lover who’s since moved on. 📜

Meanwhile, the “Supply In Profit” dances merrily on the other side of the ledger, as if sipping champagne while the rest of the market weeps. A tale of two halves, if you’ll forgive the pun. 🥂

Behold the chart, a visual masterpiece of despair, depicting Bitcoin’s Supply In Loss surging like a rogue wave. One might say the market’s collective sigh has grown louder than a Victorian parlor’s gossip mill. 🌊

And lo! The UTXO Realized Price Distribution chart, a labyrinth of numerical riddles. It seems the coins are distributed with the precision of a disgruntled baker dividing a cake. 🍰

Now, one must wonder: when the price dares to climb, will these beleaguered holders flee like startled sparrows? A most volatile scenario, indeed. 🐦💥

BTC’s Price: A Rollercoaster of Resilience

Bitcoin, ever the resilient chameleon, has recently donned a new hue, fetching $88,600. A modest recovery, though one might argue it’s merely tiptoeing back into the fray. 🚶♂️

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2025-12-27 03:06