Altcoin profit share sinks to 12% as short-term traders take losses

Poin penting

• Profitability among altcoin holders has dropped significantly, with the overall profit share falling to 12%.
• Data from Glassnode indicates a reset in profitability occurred at the end of October.
• Meanwhile, market breadth readings from BlockchainCenter remained neutral as of early November, leaving a broader recovery across the altcoin sector unconfirmed while short-term traders continue taking losses.

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