Cryptocurrency

Bitcoin

Cryptocurrency analysis company Santiment, in its newly published data, determined how many investors are in profit and how many are in loss, especially in large crypto assets.
Company analysts found the supply rate in question by comparing the current price with the purchase price of the asset under investigation by wallets. Then, the amount of supply currently in profit was determined.
In his analysis, Santiment said that the high proportion of investors who were in profit meant that most investors bought this asset at a very low price. According to analysts, in a bull market like the one Bitcoin has been experiencing since October, these rates can reach quite high levels. This generally correlates with “overbought” indicators.
Here are the amounts of supply in profit in major cryptocurrencies, according to Santiment data:
<ul>
 <li>Bitcoin: 89.9%</li>
 <li>Ethereum: 84%</li>
 <li>XRP: 77%</li>
 <li>Cardano: 51.9%</li>
 <li>Dogecoin: 76.7%</li>
 <li>Chainlink: 78.2%</li>
</ul>
Related News: <a href="https://en.bitcoinsistemi.com/why-is-the-bitcoin-price-not-soaring-whats-needed-for-a-rise-analyst-says-what-to-watch/" target="_blank" rel="noopener noreferrer nofollow">Why Is The Bitcoin Price Not Soaring? What's Needed for a Rise? Analyst Says What to Watch</a>
In his statement, Santiment argued that attention should be paid to projects with a low ratio of investors making a profit, as these may indicate “lower than their original value” compared to the rest of the market.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/santiment-reveals-how-much-profit-investors-are-making-in-which-cryptocurrencies-beware-of-the-only-project-showing-low-profit/" rel="noopener noreferrer nofollow">Santiment Reveals How Much Profit Investors Are Making in Which Cryptocurrencies – Beware of the Only Project Showing Low Profit</a>

Santiment Reveals How Much Profit Investors Are Making in Which Cryptocurrencies – Beware of the Only Project Showing Low Profit

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