Analyst: Bitcoin unrealized profit ratio drops to 65.8%, below historical average of 81%

CoinFeed July 10 news, CryptoQuant analyst Darkfost pointed out that Bitcoin's unrealized profit ratio has dropped to 65.8%, below the historical average of 81%, and the unrealized loss ratio is about 34.2%. The current market is still supported by profitable positions rather than dominated by losses, but the profit ratio continues to decline. Darkfost stated that in past bear markets, the market always reached a stage where unrealized losses exceeded the profit ratio, and it is uncertain whether this cycle will be an exception. This indicator reflects the overall profit and loss status of market positions, serving as an important reference for judging market sentiment and potential selling pressure.