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Wallets in Profit
The proportion of distinct addresses holding Bitcoin where the average purchase price is lower than the current market value.
Interpretation
This metric helps track market sentiment by showing the extent to which Bitcoin holders are in profit versus at a loss. It is the inverse of the 'Percent Addresses in Loss' chart.
Key Insights
- Shows the percentage of Bitcoin addresses holding at a profit
- Reflects market sentiment based on holder profitability