Bitcoin profitable on 86% of days, yet just 61% of holders are in profit

Since August 2010, there have been only 677 days in which you could have bought Bitcoin and currently be at a loss, with 86% of days where ‘holding Bitcoin has been profitable relative to today’s price,’ as per Coinglass data.

Data from Coinglass shows that entities who purchased Bitcoin on any one of the other 4,081 days are in profit as of press time. The chart below shows the days in red, which days Bitcoin purchased would have led to a loss by today’s price, and green for purchases now in profit.