Glassnode: Only about 5% of the altcoin supply is in profit, unprecedented divergence between Bitcoin and altcoins

BlockBeats News, November 16th, Glassnode announced that the relative profitability of altcoins has fallen to the deep capitulation zone, with only about 5% of the altcoin supply in a profitable state, while Bitcoin’s profitability ratio has just started to decline sharply. This unusual divergence between Bitcoin and altcoins is unprecedented in previous cycles.