According to glassnode, altcoin relative profits are stabilizing in deep capitulation territory, with only about 5% of supply currently in profit. source: https://twitter.com/glassnode/status/1989668646638301206; https://glassno.de/4a0zsJs glassnode reports that Bitcoin’s profits have just started to decline sharply, diverging from altcoins. source: https://twitter.com/glassnode/status/1989668646638301206; https://glassno.de/4a0zsJs glassnode states this BTC-altcoin divergence is unprecedented compared with prior cycles; its percent-supply-in-profit metric quantifies the current relative profitability between BTC and alts for trading analysis. source: https://twitter.com/glassnode/status/1989668646638301206; https://glassno.de/4a0zsJs