With #Bitcoin attacking $60k once again, only 0.98% of the circulating supply was last spent at higher prices.

Owners of this 185,816 $BTC HODLed throughout all the volatility, the ups, and the downs of the last 6 months.

99.02% of all $BTC supply is now in profit.

#Bitcoin transaction value settlement is rising substantially relative to the Market Cap.

This has driven NVT Signal metric lower, indicating that even at $61.8k, $BTC is historically undervalued relative to utilisation as a value settlement layer

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The volume of #Bitcoin last moved above a $1 Trillion Market Cap has reached 3.454M $BTC.

This means 18.3% of the supply was transacted above $53k, demonstrating capital inflows

474k $BTC were last spent above the current price, and are thus currently holding an unrealised loss

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Over the course of #Bitcoin's life, a staggering $8.89 Trillion in value has been settled on-chain.

We can further breakdown volume by whether it was in profit, or loss:
Volume in Profit = $5.10 Trillion
Volume in Loss = $3.79 Trillion

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