CryptoSlate reports that as of November 10, 96% of older Bitcoin being sent to exchanges is underwater, meaning it was deposited below its purchase price. Although deposits fell by 29.22% from the previous day, they still made up the majority of exchange inflows for this cohort.
Based on the CryptoSlate report; not independently verified.
Source published: Wed, 11 Nov 2026 10:35:42 +0000
[Read the original report](https://cryptoslate.com/96-of-older-bitcoin-sent-to-exchanges-is-underwater/)
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