Profitability mimics the height of last year’s bull run, but the circumstances have changed beyond recognition in 2020.
Source: https://cointelegraph.com/news/almost-95-of-bitcoin-supply-flips-profitable-as-btc-price-hits-114k
Almost 95% of Bitcoin Supply Flips Profitable as BTC Price Hits $11.4K
July 28, 2020
CoinTelegraph