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How Many Investors Are in Profit Across the Top Cryptos?

  • A significant share of major cryptocurrencies' circulating supply is currently in profit based on average on-chain purchase price.
  • Bitcoin leads with 94.5% of holders in profit, followed by Ethereum at 88.7%.
  • XRP, Dogecoin, Chainlink, and Cardano have lower percentages of supply in profit.
  • Santiment warns of potential profit-taking due to high percentages of Bitcoin and Ethereum in profit.
  • Cardano lags behind with only 46.5% of its supply in profit, potentially indicating undervaluation.
  • Traders are navigating rising prices and potential overvaluation risks in the market.
  • Profit-taking behavior and rotation into other altcoins may shape the next phase of the market cycle.

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