Supply in Loss Rising Again

Supply-in-Loss-Rising-Again

Bitcoin Supply in Loss (%) is rising again, currently approaching the 40–45% range.

Historically, this level has appeared during bear market transitions or deep corrective phases.
In past cycles (2015, 2019, 2022), expansions in supply held at a loss reflected growing market stress and increasing loss realization.

The current move suggests that a larger portion of the market is beginning to hold coins at a loss, signaling weakening market structure.

However, major market bottoms historically formed only when Supply in Loss expanded above ~50%.

Conclusion

Supply in Loss is increasing, indicating rising market stress.
But if historical patterns repeat, the current level may represent the early phase of a bear market rather than the final bottom.