Currently, 94% of #Bitcoin addresses are in profit, reflecting the recent rise in Bitcoin's price and overall bullish sentiment in the market. This statistic indicates that the vast majority of Bitcoin holders acquired their $BTC at prices lower than its current value. When such a large percentage of addresses are in profit, it often signals strong market confidence, potentially drawing in more investors and institutions.
This also adds credibility to Bitcoin's long-term investment narrative as a store of value, especially with increased institutional interest and macroeconomic factors favoring digital assets.
