PANews reported on November 16th that, according to Glassnode data, the relative profitability of altcoins (Top 500) is stabilizing in the deep capitulation zone, with only about 5% of the supply in a profitable state, while Bitcoin's profitability has just begun to decline sharply. This unusual divergence between Bitcoin and altcoins is unprecedented in previous cycles.
Glassnode: Only 5% of the supply of the top 500 altcoins is profitable.
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Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
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