Research: 97% of Bitcoin wallets are profitable

According to data analytics firm Glassnode, nearly 97% of all Bitcoin addresses have become profitable as the costThis means that most of the digital coinswas bought at a lower price than the current one.

Currently, bitcoin shows unprecedented growth, in addition, today marks the hundredth day when the price of opening and closing the main cryptocurrency exceedsIts current price is around $15,660, the highest since January 2018.In this regard, most bitcoin owners are in the positive.

The graph shows that 97% of all bitcoin addresses are currently profitable:

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As shown in the graph above, the vast majority, namely 97% of all bitcoin addresses, came out in profit relative to November 2020.

This is the highest figure this year since the total percentage ofBitcoin addresses in profit was 90%.

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According to BitInfoCharts, the largest group of bitcoin addresses (almost 50% of all wallets) still contains0.0001 BTC.

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Given the $15,000 resistance, the price of bitcoin is predictedconquering the previous record high of $20,000.

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