Bitcoin Profit Supply Drops to 59%, Closing In on Bear Market Levels

The share of Bitcoin (BTC) supply in profit has dropped to around 59%, bringing it close to levels seen during the last bear market. This comes from data shared by analyst Darkfost, who also pointed out that the number of addresses depositing BTC had dropped to a 10-year low. Profit Supply Nears Bear-Market Territory In a post published on X on April 9, Darkfost revealed that the share of Bitcoin supply still in prof…