[Analyst: Loss-Making Positions Now Exceed Profitable in Active Bitcoin Supply] Analyst Darkfost points out that the percentage of active Bitcoin supply holding losses has now surpassed the percentage holding profits. This estimate excludes Bitcoin that hasn't moved in over 10 years (most of which are considered illiquid). After adjustment, it's estimated that less than 45% of the supply is profitable. Historical data shows that when this percentage is below 40%, it often corresponds to the low point of a market correction; conversely, when this percentage approaches 100%, the risk of a market reversal increases.