Summary: Some 50% of Bitcoin holders are at a loss amid sagged crypto prices. “out-of-money” Bitcoin addresses made up over half of all holders for the first time since March 2020, IntoTheBlock data showed. The analysis highlighted that around 24 million wallets bought BTC cheaper than Monday’s $16,050 market price. Bitcoin balances on over 24.7 million digital wallets were in loss positions on Monday as the leading cryptocurrency by market cap hovered just above $16,000. The analysis report provided by
