In an X post<\/a> on April 11, Darkfost shares an insight into Bitcoin\u2019s price structure based on its supply distribution pattern. At current prices, the renowned expert reports that approximately 61% of Bitcoin\u2019s circulating supply was acquired below the spot price, leaving 39% purchased at higher levels. This positioning suggests that a majority of market participants remain in profit, a condition often associated with a more constructive market structure.<\/p>\n Interestingly, further data analysis reveals a notable concentration of investor activity in the $65,000- $70,000 range. While this zone reflects both buying and selling activity rather than pure accumulation, it still represents a key area where a significant volume of coins last changed hands. Because this range sits below the current price, it is interpreted as a potential support floor and a good accumulation zone for smart money investors.<\/p>\n At current price levels, 61% of BTC has been acquired below this level, while 39% was bought at higher prices.<\/p>\n\n
![\"\ud83d\udcf7\"](\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4f7.png\")
Here is a snapshot of BTC supply distribution by price.<\/p>\n![\"\u25b6\"](\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/25b6.png\")
\ufe0e We can observe a clear cluster of investor activity between $65,000 and $70,000. I refer to activity\u2026 pic.twitter.com\/gDMbEPTjUN<\/a><\/p>\n