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Ongoing Crypto Market Downturn Forces 2,710,000 Bitcoin (BTC) Into Loss Territory: Glassnode

By Daily Hodl Staff at 2026-05-10 00:30

Sentiment: Negative

Blockchain analytics firm Glassnode says that the latest market downturn plunged millions of Bitcoin (BTC) underwater. Glassnode says that Bitcoin’s drop from the recent top of $30,900 in mid-April sunk an additional 2.71 million Bitcoin into loss territory, about 14% of the total BTC circulating supply. The latest market dip increased the total Bitcoin supply […] The post Ongoing Crypto Market Downturn Forces 2,710,000 Bitcoin (BTC) Into Loss Territory: Glassnode appeared first on The Daily Hodl. Continue reading...

Categories: Bitcoin

Tags: #Bitcoin #BTC #glassnode #News

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