Bitcoin supply in profit represents the percentage of the total Bitcoin circulating supply whose current market price is above their acquisition price. This metric provides insight into the overall profitability of Bitcoin holders at any given time. A higher percentage indicates that more coins are held at a gain, potentially suggesting reduced selling pressure. Conversely, a lower percentage implies widespread unrealized losses.
Context
Monitoring Bitcoin supply in profit is a key on-chain indicator for assessing market sentiment and potential price movements. When a large portion of the supply is in profit, it might signal increased risk of profit-taking, especially if prices reach local highs. News often references this metric to explain why selling pressure might increase or decrease, offering a perspective on investor behavior and market stability.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
