Latest / SpendNode Podcast: Crypto News & Analysis
More Bitcoin Is Underwater Than in Profit for the First Time This Drawdown
Glassnode data shows 10.83M BTC held at a loss versus 9.22M in profit, a crossover that has historically marked late-stage bear market conditions. Read the full article: https://www.spendnode.io/blog/bitcoin-underwater-supply-exceeds-profit-glassnode-july-2026/
The skinny
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