Analysis: Currently, 7.9% of Bitcoin's circulating supply is in a loss making state, with a focus on the support level of $105000

Sentora (formerly IntoTheBlock) analyzed in an article on X platform that "currently, 7.9% of the circulating supply of Bitcoin is in a loss state, indicating a large-scale accumulation of chips between the current price and $121000. If the pullback further intensifies, the main support area may form around $105000, and about 900000 bitcoins have been obtained around this price in history