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  "path": "/bitcoin-slides-into-worst-profit-cycle-in-history-as-59-of-supply-turns-red/",
  "publishedAt": "2026-02-24T17:35:25.000Z",
  "site": "https://cryptoslate.com",
  "tags": [
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    "Price Watch",
    "As 59% of supply turns red Bitcoin faces slide to $54,000 if the next demand zone fails",
    "CryptoSlate"
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  "textContent": "As Bitcoin trades in the low-$60,000s, the ledger shows nearly half of holders are sitting on losses. Newhedge’s percent supply in profit gauge shows 51.78% of coins are in profit with BTC around $63,275, implying roughly 10.35 million BTC in profit versus 9.64 million BTC in loss. However, this weekend, analyst DurdenBTC’s supply in profit […]\n\nThe post As 59% of supply turns red Bitcoin faces slide to $54,000 if the next demand zone fails appeared first on CryptoSlate.",
  "title": "As 59% of supply turns red Bitcoin faces slide to $54,000 if the next demand zone fails"
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