According to @glassnode, 88% of Bitcoin supply remains in profit, with realized losses primarily among traders who bought in the $95,000 to $100,000 range. The supply-in-profit metric has rebounded to its long-term mean, signaling a significant reset in investor expectations. Importantly, there is no sign of widespread capitulation, which suggests continued market stability and potential support for BTC price levels. Traders should note this consolidation phase, as it may present opportunities for entries or exits based on historical profit-taking patterns (source: @glassnode, Twitter, June 2024).