Bitcoin’s Supply in Loss Climbs From 34% to Over 50% in a Month
Jun 10, 2026
< 1 min read
by Anush Jafer
for CryptoPolitan

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AI Overview
On-chain data from CryptoQuant shows 51.6% of Bitcoin supply is now below holders' cost basis, up from roughly 34% about a month ago. This rapid rise leaves the market almost evenly split between profitable and underwater coins, increasing downside risk and potential selling pressure for the crypto market.
Bearish
Just over half of all the Bitcoin in circulation today is now underwater, according to data from CryptoQuant. As of this writing, 51.6% of supply is sitting below its cost basis, a number that has climbed from 34% in roughly a month, leaving the market split almost evenly between coins in profit versus those at...

