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Bitcoin Holders In Profit Hits 95%: Is BTC Overheating?
- Around 95% of all Bitcoin holders are currently in profit.
- Only 3% of Bitcoin holders are at their break-even point, while 2% are underwater.
- High profitability ratio indicates potential overheated conditions and a possible mass selloff.
- Bitcoin inflows to accumulation addresses have spiked, suggesting another phase of accumulation may be starting.
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