Bitcoin supply in loss reaches record high 10.83 million BTC

Bitcoin's supply held at a loss has hit a new high of 10.83 million BTC, indicating that nearly 11 million coins are currently worth less than their original purchase price. This trend is driven by long-term holders managing a record 14.8 million coins, suggesting a growing number of investors are stuck with losses. This situation underscores the volatile nature of Bitcoin, which has significant implications for market sentiment and future investment strategies. Investors might rethink their long-term holding strategies amid this persistent downward trend.