Data: Currently, only 7.9% of the circulating supply of Bitcoin is in a loss state, with $105,000 potentially being a key support area

ChainCatcher news, according to Sentora data, currently only about 7.9% of the circulating supply of Bitcoin is in a loss state, indicating that a large amount of chips has been accumulated in the current price range of $121,000.

If the price further retraces, around $105,000 may become a major support area, where approximately 900,000 BTC of historical buying activity has gathered.