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Bitcoin loss zone exceeds 8 million BTC as crypto selloff spreads to Ethereum, XRP

More than 8 million bitcoin are now held at a loss, while profitability indicators for Ethereum and XRP have also deteriorated, adding to a broader market slide. On-chain data cited in the report show a sharp drop in the share of tokens in strong profit. XRP metrics weakened further, with realised profit lagging losses and network fees falling sharply from 2025 levels. Market sentiment remains bearish, with bitcoin down over the past day.