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Analyst: On-chain data indicates that selling pressure on Bitcoin is weakening, and the market is buying on dips

Oct 25, 2025 13:41:00

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ChainCatcher news, CryptoQuant analyst Axel posted on social media that the percentage of Bitcoin supply in profit (30-day change) has rebounded from -12% to -6%, indicating that selling pressure is weakening and the market is buying on dips.

Although the current percentage of profitable coins is still below the level from a month ago, the decline has noticeably narrowed—negative momentum is weakening.

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