Data: Currently, only 7.9% of Bitcoin's circulating supply is at a loss, with $105,000 potentially serving as a key support level

According to ChainCatcher, data from Sentora shows that currently only about 7.9% of the circulating supply of Bitcoin is in a loss position, indicating that a large number of coins have been accumulated within the current price range up to $121,000.

If the price undergoes a further correction, the area around $105,000 may become a major support zone, as approximately 900,000 BTC were historically purchased in this range.