#on-chain - the daily grind

BREAKING

Jul 310.8 Million Bitcoin Are Now Held at a Loss. Every Time This Happened Before, the Bottom Was In.●Jul 2The Ethereum Foundation Imploded. Now Two New Orgs — Backed by $11 Billion in ETH — Are Moving In.●Jul 2Robinhood Just Launched a Blockchain — And AI Agents Can Now Trade Your Money 24/7●Jul 1140 Firms Including Visa, BlackRock, and Google Just Built a Circle Killer●Jul 1He Promised Crypto Liquidity Yields for 3 Years. It Was a Lie. Now He's Forfeiting 11 Cars.●Jun 30The UK Just Halved Its Crypto Capital Rules to Poach Firms From Europe●Jun 30Saylor Said 'Never Sell' for Six Years. His Company Just Authorized Selling $1.25 Billion in Bitcoin●Jun 29In 24 Hours, Binance Goes Dark Across All of Europe — And CZ's Criminal Record Is Why●Jun 29The Bank That's Held Wall Street's Money Since 1784 Just Opened a Direct Door to Stablecoins●Jun 28You Can Now Buy $1 of Saylor's Bitcoin for 97 Cents — That's Never Happened Before●Jul 310.8 Million Bitcoin Are Now Held at a Loss. Every Time This Happened Before, the Bottom Was In.●Jul 2The Ethereum Foundation Imploded. Now Two New Orgs — Backed by $11 Billion in ETH — Are Moving In.●Jul 2Robinhood Just Launched a Blockchain — And AI Agents Can Now Trade Your Money 24/7●Jul 1140 Firms Including Visa, BlackRock, and Google Just Built a Circle Killer●Jul 1He Promised Crypto Liquidity Yields for 3 Years. It Was a Lie. Now He's Forfeiting 11 Cars.●Jun 30The UK Just Halved Its Crypto Capital Rules to Poach Firms From Europe●Jun 30Saylor Said 'Never Sell' for Six Years. His Company Just Authorized Selling $1.25 Billion in Bitcoin●Jun 29In 24 Hours, Binance Goes Dark Across All of Europe — And CZ's Criminal Record Is Why●Jun 29The Bank That's Held Wall Street's Money Since 1784 Just Opened a Direct Door to Stablecoins●Jun 28You Can Now Buy $1 of Saylor's Bitcoin for 97 Cents — That's Never Happened Before●

BTC -- --%

ETH -- --%

Fear & Greed F&G 21 Extreme Fear

#on-chain

1 post

10.8 Million Bitcoin Are Now Held at a Loss. Every Time This Happened Before, the Bottom Was In.

Jul 3, 2026 · 4 min read

For the first time this cycle, more BTC supply is underwater than in profit. Glassnode data shows 10.83M coins held at a loss versus 9.22M in profit — a crossover that has marked every major bear market bottom in Bitcoin's history.