High percentage of Bitcoin, ETH, SOL held at a loss: Is it a bear market sign?

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High percentage of Bitcoin, ETH, SOL held at a loss: Is it a bear market sign?

High percentage of Bitcoin, ETH, SOL held at a loss: Is it a bear market sign?

One analyst found that 40% of Bitcoin is held at a loss, while ETH and SOL data currently stand at 40% and 75% respectively. Should investors be worried?