47 of Bitcoin holders remain in profit despite BTC’s 60 price drop in 2022

A significant share of Bitcoin (BTC) investors have recorded losses as the flagship cryptocurrency’s price continues to correct further below the crucial $20,000 level. However, despite some investors nursing the pain of the ongoing crash, data indicates that a big share of holders are still in profit. September 7, 47% of Bitcoin holders remain in profit at the current price while the majority at 52% are in a loss. The number of holders in profit can be considered significant, considering Bitcoin has corrected by about 59.95% in 2022. At the same time, Bitcoin is trading almost 70% from all-time high value of almost $68,000 in late 2021.