Live updates: More bitcoin is now held at a loss than at a profit

live Updated just now Live updates: More bitcoin is now held at a loss than at a profit By Shaurya Malwa Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email just now · 7:05 AM Shaurya Malwa Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email More bitcoin is now held at a loss than at a profit, a milestone that has marked past cycle lows Roughly 10.83 million BTC are currently held at a loss, meaning their holders paid more than today's price, against 9.22 million still in profit, according to Glassnode data. It is the first time loss-making supply has overtaken profitable supply since the current cycle began and reflects how deep the correction from bitcoin's $109,000 January peak has cut. Historically, these crossovers have landed near periods of peak financial stress and capitulation among newer buyers. They have also marked the point at which coins migrate from weaker hands to stronger ones, since only holders with high conviction tend to sit on losses rather than sell. Long-term holder accumulation and rising wallet-cohort balances across several size brackets have run alongside this latest deterioration in profitability. Bitcoin traded at $61,361 on Thursday, up 0.7% on the day and 2.5% on the week, still roughly 44% below January's all-time high, per CoinDesk data. Ether added 4.2% to $1,702, and Solana led the majors at 18.6% on the week to $80.44, with volume running above $3.6 billion. Whether the supply crossover marks a bottom depends on what follows. In 2018-19 and 2022, similar readings preceded months of basing before a sustained recovery. The chart does not resolve on its own. ETF flows returning and macro pressure easing are what convert the accumulation signal into a price signal. Latest Crypto News 1 Binance says MiCA should be judged by who it licenses, not who it excludes 36 minutes ago 2 Finally. $221 million flow into Bitcoin ETFs, ending a painful 10-day outflow streak 1 hour ago 3 XRP bulls test path back toward $1.10 as token zips 4% higher 1 hour ago 4 Ether and solana extend gains as a short squeeze lifts bitcoin toward $62,000 1 hour ago 5 Securitize tokenizes $295 million of its own stock on Solana and Avalanche amid NYSE debut 12 hours ago 6 EToro invests in onchain derivatives platform Extended as brokers race into DeFi 14 hours ago 7 Bitwise says STRC selloff signals crypto cycle nearing a bottom, not Strategy’s breaking point 14 hours ago 8 US Treasury sanctions over 100 ISIS-K crypto addresses that moved over $1.4 million 16 hours ago 9 SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate 16 hours ago 10 Ondo Finance debuts SEC-aligned tokenized stock model with BlackRock ETF, Micron shares 16 hours ago Latest Research Building the Zcash Machine: Tachyon and Quantum Readiness Building the Zcash Machine: Tachyon and Quantum Readiness Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. By CoinDesk Research Jun 30, 2026 Commissioned by GenZcash Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. Why it matters : Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold. View Full Report More From Tech Live updates: Bitcoin holds above $61,000 as momentum stocks plunge to start quarter Ethereum Institutional launch draws support from across the Ethereum ecosystem EthLabs launches as Ethereum undergoes its biggest leadership transition in years