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Profitability Metrics Reveal Diverging Sentiment Across Top Cryptocurrencies

  • On-chain data reveals the percentage of crypto supply in profit, affecting market momentum.
  • Bitcoin and Ethereum show strong profitability metrics, while Cardano and Chainlink lag behind.
  • Mid-tier coins like XRP and Dogecoin exhibit mixed sentiment, indicating potential for recovery.
  • Cardano and Chainlink holders face losses, but potential for future gains remains.
  • Understanding profit metrics offers insights into market sentiment and potential price movements.

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