
{"id":110951,"date":"2025-11-06T13:00:33","date_gmt":"2025-11-06T13:00:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110951"},"modified":"2025-11-06T13:00:33","modified_gmt":"2025-11-06T13:00:33","slug":"bitcoin-supply-in-profit-just-crashed-to-a-new-2025-low-what-this-means-for-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110951","title":{"rendered":"Bitcoin Supply In Profit Just Crashed To A New 2025 Low \u2013 What This Means For Price"},"content":{"rendered":"<p>Bitcoin (BTC) is hovering around a precarious stage <a href=\"https:\/\/bitcoinist.com\/why-did-the-bitcoin-price-crash\/amp\/\">below the $100,000 psychological level<\/a> as supply in profit just crashed to a new 2025 low. Amid this decline, Glassnode analysts Chris Beamish, Antoine Colpaert, and CryptoVizArt <a href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-44-2025\/?utm_campaign=WoC_44_25&amp;utm_medium=email&amp;utm_source=newsletter\">highlight<\/a> a complex interplay of structural weakness, cautious investor behavior, and decreased institutional demand. <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-daily-rsi-at-most-oversold-level-since-april\/amp\/\">Bitcoin also remains oversold<\/a>; however, it has yet to enter full capitulation. This suggests that price is fragile but not broken, balancing between recovery and the risk of a deeper decline.\u00a0<\/p>\n<h2>Bitcoin Supply In Profit Crash Signals Weak Demand And Price<\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/bitcoin-profitability-on-the-rise\/amp\/\">Bitcoin\u2019s supply in profit<\/a> has fallen sharply, hitting its lowest level of 2025 and reflecting the broader slowdown in market momentum. Glassnode analysts note that this decline indicates fading demand and <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-is-crashing-ogs\/amp\/\">persistent sell pressure<\/a> as the BTC price consolidates near $100,000, after falling 21% from its all-time high above $126,000.\u00a0<\/p>\n<p>According to the report, roughly 71% of Bitcoin\u2019s supply remains in profit, near the lower edge of the typical 70% \u2013 90% range seen in mid-cycle slowdowns. This drop marks the lowest probability level of the year, suggesting that <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-to-recover\/amp\/\">BTC\u2019s price stability and recovery<\/a> may depend on whether fresh demand can return to the market in the coming weeks.\u00a0<\/p>\n<p>The analysis also disclosed that Bitcoin has broken below the <a href=\"https:\/\/bitcoinist.com\/bitcoin-sths-take-the-hit\/amp\/\">Short-Term Holder\u2019s cost basis<\/a> of roughly $112,500, and is now struggling to recover, confirming that its earlier bullish phase has ended. They say that the market has been unable to regain a solid footing since the <a href=\"https:\/\/bitcoinist.com\/the-bitcoin-flash-crash-exposed\/amp\/\">October 10 flash crash and reset<\/a>, with prices hovering just above the Active Investor\u2019s Realized Price at $88,500.\u00a0<\/p>\n<p>Additionally, on-chain data shows that long-term holders are contributing to the <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-fully-bearish-until-this-price-level\/amp\/\">bearish pressure<\/a>. Since July, Bitcoin\u2019s total supply has decreased from 14.7 million BTC to 14.4 million BTC, representing a net reduction of approximately 300,000 coins. Glassnode analysts estimate that around 2.4 million BTC have been spent during this period, which is roughly 12% of its <a href=\"https:\/\/bitcoinist.com\/bitcoin-enters-institutional-era-just-216-holders-control-30-of-supply\/amp\/\">circulating supply<\/a>.\u00a0<\/p>\n<p>Unlike earlier in the market cycle, these long-term holders are now <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-long-term-holders-are-leaning-towards-the-sell-direction\/amp\/\">selling into weakness<\/a> rather than strength, signaling fatigue and reduced sentiment, likely due to the consistent market declines. While the Relative Unrealized Loss remains moderate at 3.1%, Glassnode analysts highlight that the combination of declining profitability and steady <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-long-term-holders-may-be-selling\/amp\/\">long-term distribution<\/a> leaves the Bitcoin price in a vulnerable position near $100,000.\u00a0<\/p>\n<h2>ETF Outflows And Unsteady Derivatives Deepen Market Caution<\/h2>\n<p>In addition to the decline in Bitcoin\u2019s supply in profit, off-chain indicators also point to caution. Glassnode analysts note that <a href=\"https:\/\/bitcoinist.com\/bitcoin-bounces-back-over-110k-massive-etf-outflows\/amp\/\">US Spot Bitcoin ETFs<\/a> have seen net outflows between $150 million and $700 million per day over the past two weeks, reversing the strong <a href=\"https:\/\/bitcoinist.com\/bitcoin-etfs-post-positive-weekly-inflow-appetite\/amp\/\">inflow streak from September<\/a> and early October. This slowdown reflects a significant decline in institutional appetite, with capital rotating out of Bitcoin exposure as the price declines.\u00a0<\/p>\n<p>Bitcoin\u2019s Cumulative Volume Delta (CVD) has also turned negative on Binance and major exchanges. In <a href=\"https:\/\/bitcoinist.com\/crypto-shocked-1-4-billion-bitcoin-crashes-104000\/amp\/\">derivatives<\/a>, analysts noted that the Perpetual Market Directional Premium has declined from $338 million in April to $118 million per month, indicating that traders are pulling back on risk and <a href=\"https:\/\/bitcoinist.com\/crypto-shocked-1-4-billion-bitcoin-crashes-104000\/amp\/\">avoiding aggressive long positions<\/a>.\u00a0\u00a0<\/p>\n<p>For now, Bitcoin remains in a delicate position, oversold but <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-100k-break-was-emotional-on-chain-data-shows-no-structural-damage\/amp\/\">structurally intact<\/a>. Glassnode experts have stated that the next key test lies at $112,000 and $113,000, where a sustained recovery would signal renewed demand, while further weakness could <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-crack-70-crash\/amp\/\">deepen the correction<\/a>.\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) is hovering around a precarious stage below the $100,000 psychological level as supply in profit just crashed to a new 2025 low. Amid this decline, Glassnode analysts Chris Beamish, Antoine Colpaert, and CryptoVizArt highlight a complex interplay of structural weakness, cautious investor behavior, and decreased institutional demand. Bitcoin also remains oversold; however, it [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":110952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110951","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\/110951"}],"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=110951"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110952"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}