Bitcoin Unrealized Loss Supply Drops to 35.2%

The current percentage of unrealized losses for Bitcoin is 35.2%, with approximately 35% of the tracked supply in a state of unrealized loss. This metric has fallen below the deep pressure zone of 40%, significantly lower than the capitulation zone of 60%. The metric previously broke through 40% at the end of June, reaching 42.2%, then dropped to 30.4% on July 21, before rebounding to 35.2%. In previous major bear market phases, after the first test of the 40% area, there is usually a period of pressure consolidation, after which the metric may approach or exceed 60%, leading to capitulation. Analyst Zizcrypto points out that the current supply of unrealized losses remains high but is below the deep pressure zone and has not yet reached capitulation-level pressure; levels above 40% and 60% still require attention.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.