The majority of owners of the VTS receive stable profits

Despite the global bearish trend currently observed in the cryptocurrency market, most holders of the flagship asset BTC $76,334.31 Bitcoin 0.38% Market capitalization $1.51 trillion VOL. 24 hours $3.38 billion continue to make a profit. According to the latest data from IntoTheBlock analysts, most BTC investors are still in the black. Experts believe that this is due to bitcoin trading above the «realized price».

Analysts define the realized price as an indicator that measures the value of all BTC in circulation. It also takes into account the exchange rate of assets at which they were purchased by investors. It is worth noting that the realized price differs from the spot price, which indicates the current value of bitcoin and is based on the dynamics of supply and demand. Experts emphasize that the realized price of bitcoin is currently around $ 19,700, while the spot price is estimated at $ 20,700.

IntoTheBlock has determined that about 59% of BTC holders are currently making a profit. In turn, 38% of market participants suffer losses. As for the remaining 3% of investors, they have broken even. Experts recalled that most bitcoin holders began to experience serious financial difficulties in August last year. The collapse of the FTX exchange only worsened the situation. Nevertheless, researchers note a positive trend in the market and predict that the crypto industry will see a gradual recovery.

As a reminder, experts of the Crypto.com cryptocurrency exchange have found that the number of cryptocurrency holders in the world has increased from 306 million to 425. The flagship asset is currently owned by more than 219 million, and ethereum — 87 million. «Although the cryptocurrency market experienced serious problems last year, the growth in the number of cryptocurrency holders shows that we are coming out of the crisis,» said Chris Marsalek, CEO of Crypto.com.