According to the latest data from Glassnode, a remarkable 88% of the total circulating supply of Bitcoin is currently in profit. This means that nearly nine out of every ten Bitcoins held by investors were acquired at prices lower than the current market value.

Such a high percentage of profitable supply reflects strong bullish sentiment across the market. Historically, when this metric remains elevated, it indicates that long-term holders are sitting on solid gains — often reinforcing confidence and reducing panic selling.#BinanceLaunchpoolSXT