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Glassnode On-Chain Alert: More BTC Now Held at a Loss Than in Profit According to the latest Glassnode data, approximately 10.83 million BTC are currently underwater, surpassing the 9.22 million BTC still in profit. This marks the first time in the current market cycle that coins held at a loss have overtaken those in profit. As of Thursday, Bitcoin was trading around $61,361 — roughly 44% below its January all-time high, per NS3.AI. This shift highlights growing capitulation pressure across a larger portion of the circulating supply. Will this set the stage for a stronger bottom formation, or is more pain ahead?#BitcoinFalls44%FromJanuaryPeak #SouthKoreanStocksRise5% #DowHitsRecordHigh #Write2Earn