Bitcoin, Ethereum, and XRP Network in High Risk Zones, According to the Percent of Total Supply in Profit Metric
💰 #Bitcoin (83%), #Ethereum (84%), and #XRPLedger (81%) have their respective supplies in historically high risk profit levels compared to their averages that hover in the 55%-75% range dating back to 2018. #Crypto can absolutely still climb due to more exposure from #ETF's and other positive news. But ideally, a great signal to watch that would imply continued long-term growth would be a breach below 75% of their supplies in profit once again.
Check out our previous article about the 'Percent of Total Supply in Profit' metric here!