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Half of Bitcoin Supply Now Held at Loss, With 10.46M BTC Underwater as BTC Trades Near $63K

Market Analysis Price Volatility

2026-06-09 17:37:08

BTC-2.66%

According to on-chain data from Glassnode highlighted by analyst Ali Martinez, as of June 2026, approximately 10.46 million BTC (roughly 50% of Bitcoin's circulating supply of just under 21 million coins) are currently being held at a loss. The data shows BTC trading around $63,242, down more than 40% over the previous year, with the underwater supply reaching a historic threshold that has historically coincided with major market corrections and shifting investor positioning.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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