Glassnode Reports Unprecedented Profit Decline in Altcoins

According to BlockBeats, Glassnode has reported a significant decline in the profitability of altcoins, with only about 5% of the altcoin supply currently in a profitable state. This marks a deep surrender zone for altcoins. Meanwhile, Bitcoin's profitability is also beginning to sharply decrease. This unusual divergence between Bitcoin and altcoins is unprecedented in previous cycles. source: https://www.binance.com/en/square/post/32442888590505?utm_source=BinanceNewsRSS