According to the latest data shared by Crypto Analyst Alphractal, only 9.6% of Bitcoin holders are at a loss. This rate stands out as one of the lowest in history compared to major market crashes in the past.
Alfractal summarizes this situation by comparing it with data from the previous year.
- 2012: 84.7% loss
- 2015: 76% loss
- 2018: 56.2% loss
- 2020: 59% loss
- 2021: 29.5% loss
- 2022: 49% loss
- Early 2024: 21.6% loss
According to the analytics company, as of today, around 90% of addresses are profitable, indicating that the current market health is very strong.
The analysis presented by Alphractal attracts attention not only on Bitcoin but also on general crypto market data.
- The number of active cryptocurrencies in CoinMarketCap continues to decline.
- Currently, the market has liquidity and at least 818 active cryptocurrency exchanges.
- The total number of trading pairs fell from 105,000 to 100,900.
- Altcoins dominance (excluding Stablecoins) is only 27.84%.
- The total market advantage for Bitcoin and Stubcoin is over 72%, the highest level since 2020.
According to the analytics company, this data shows that the current market cycle is significantly different from the previous cycle. Even if the number of active altcoins increases, the market will remain dominated by Bitcoin and Stubcoin. Alphractal analysts point out that this doesn’t mean the Altcoin season is impossible, but shows just how strong Bitcoin is even amidst the competition.
*This is not investment advice.
