{"id":107279,"date":"2025-10-23T20:00:41","date_gmt":"2025-10-23T20:00:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=107279"},"modified":"2025-10-23T20:00:41","modified_gmt":"2025-10-23T20:00:41","slug":"bitcoin-supply-in-profit-sees-sharp-decline-with-market-crash-here-are-the-numbers","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=107279","title":{"rendered":"Bitcoin Supply In Profit Sees Sharp Decline With Market Crash \u2013 Here Are The Numbers"},"content":{"rendered":"

The Bitcoin supply in profit has seen a sharp decline amid the latest crypto market crash<\/a>. This has raised concerns that BTC could suffer a further crash, as holders who are in the red may move to offload their coins.\u00a0<\/p>\n

Bitcoin Supply In Profit Drops Amid Market Crash<\/h2>\n

On-chain analytics platform Glassnode revealed in a report<\/a> that the Bitcoin supply in profit has historically dropped to around 85%, with 15% of the supply sitting at a loss. This has occurred whenever the BTC price breaks down from a new all-time high (ATH) and trades around the short-term holders\u2019<\/a> cost basis, as is happening now.\u00a0<\/p>\n

Glassnode noted that this marks a pivotal phase for Bitcoin, as this is where the market tests the conviction of investors who had bought near recent highs<\/a>. This pattern is said to be playing out for the third time in this current cycle. The on-chain analytics platform warned that if BTC fails to recover above the $113,100 range, a deeper contraction could send a larger share of the Bitcoin supply into loss.\u00a0<\/p>\n

Glassnode further stated that this deeper contraction could amplify the stress among recent Bitcoin buyers<\/a>, which could set the stage for a broader capitulation across the market. The platform also alluded to the Supply Quantile Cost Basis to explain why it is essential for BTC to reclaim the short-term holders\u2019 cost basis above $113,000.\u00a0<\/p>\n

Bitcoin is said to be struggling to hold above the 0.85 quantile at $108,600. Failure to hold this has historically indicated structural market weakness and often preceded deeper corrections toward the 0.75 quantile, which now aligns near $97,500. This puts BTC at risk of dropping<\/a> below $100,000 for the first time since May.\u00a0<\/p>\n

A Longer Consolidation Phase May Be Necessary<\/h2>\n

Glassnode stated that from a macro perspective, the repeated demand exhaustion suggests that Bitcoin may require a longer consolidation phase<\/a> to rebuild strength. This exhaustion is said to be clearer with the Long-Term Holder Spend Volume. These long-term holders have increased their spending with the 30D-SMA rising from the 10,000 BTC baseline to over 22,000 BTC daily since the market peak in July.\u00a0<\/p>\n

Glassnode noted that such persistent distribution indicates profit-taking from seasoned investors<\/a>, which has contributed to the current Bitcoin weakness. Bitcoin OGs have continued to offload their coins at an unprecedented rate, putting significant selling pressure on BTC. Onchain Lens recently revealed<\/a> that a particular whale moved 3,003 BTC to Binance, likely in a bid to sell, while also shorting BTC with a position worth $227 million.<\/p>\n

At the time of writing, the Bitcoin price is trading at around $108,800, up in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

The Bitcoin supply in profit has seen a sharp decline amid the latest crypto market crash. This has raised concerns that BTC could suffer a further crash, as holders who are in the red may move to offload their coins.\u00a0 Bitcoin Supply In Profit Drops Amid Market Crash On-chain analytics platform Glassnode revealed in a […]<\/p>\n","protected":false},"author":0,"featured_media":107280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107279"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107279"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107279\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107280"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}