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Bitcoin supply in profit

The share of all bitcoin held at a profit today, one of the clearest gauges of market stress and euphoria.

Supply in profit today

Compiled by SBZ from public blockchain data. Updated every few hours.

Supply in profit— of all bitcoin

The share of all bitcoin last moved at a lower price than today, so currently held at a profit. Below 50% (green) has marked cycle bottoms; above 95% (red), overheated markets.

What is supply in profit?

Every bitcoin last moved at some price. If today’s price is higher, that coin is in profit; if lower, at a loss. Supply in profit is the share of all bitcoin currently in profit, a direct view of how comfortable holders are.

How to read it

At new all-time highs almost every coin is in profit (close to 100%), and readings above 95% have often accompanied overheated markets. When more than half of all bitcoin is held at a loss (below 50%), stress is high and sellers are exhausted: this has marked the major lows of 2015, late 2018 and late 2022. In June 2026 it fell to about 46%, the first time below 50% since 2022.

Why it matters

Holders at a loss tend to sell when price returns to their entry level, which creates resistance; holders deep in profit tend to sell into strength. The share in profit shows which of these forces dominates.

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Frequently asked questions

What does supply in profit mean?

The percentage of all bitcoin whose price when it last moved is below today’s price, so the coin is currently held at a profit.

What is a bullish or bearish level?

Below 50% has historically marked capitulation and cycle lows; above 95% has accompanied euphoric, overheated markets.

How much bitcoin is in profit today?

The live share is shown at the top of this page and updates every few hours.

Is supply in profit the same as MVRV?

They are related but different: MVRV compares price with the average cost, while supply in profit counts how many coins sit above or below today’s price.

For information only, not investment advice. Figures are updated automatically and can differ slightly between data providers.