More than 71% of bitcoin supply is now in profit, approaching a level that has typically marked bear-to-bull transitions, Bitfinex said.

Bitcoin's realized volatility has dropped to the 1.5th percentile as long-term holders control up to 83% of supply, compressing price action to

Over 71% of Bitcoin's supply is now in profit, nearing a level that has historically signaled bear-to-bull transitions, according to Bitfinex