Bitcoin\u2019s long-term profitability indicator has fallen close to levels last seen in November 2022, when BTC traded near $16,000, even as the cryptocurrency remains near $82,000 in October 2026.<\/p>\n
On-chain data points to a sharp gap between today\u2019s price and investors\u2019 profit conditions, while newer large holders have a much thinner cushion than Binance deposit addresses.<\/p>\n
In an October 22 update, on-chain analyst Amr Taha reported that Bitcoin\u2019s 365-day UTXO Block Profit\/Loss Count Ratio average had dropped<\/a> to 13.6, just 14.1% above its November 21, 2022 reading of 11.92. BTC was trading near $16,000 at the time of the earlier reading, compared with more than $82,000 on October 20, 2026.<\/p>\n The cost-basis figures show that not all groups of holders are in the same position. Binance user deposit addresses have a realized price of around $64,200, leaving BTC about 27.7% above that level. New whales, by contrast, have an average cost basis of $77,120, putting the asset just 6.3% above their entry price at the $82,000 reference point. Miner whales and long-term holder whales have lower realized prices of $51,820 and $46,400, respectively.<\/p>\n Taha also pointed to slower growth in Bitcoin\u2019s realized capitalization, a measure based on the price at which units last moved. Its 30-day change reached $12.93 billion on October 22, well below the $40 billion recorded on October 15, 2025, and the $64 billion reading on July 24 that year. Those earlier peaks came before a roughly 52% decline, the analyst noted, although the current positive figure means realized capitalization is still expanding.<\/p>\n Bitcoin recently rebounded<\/a> above $83,000 after slipping toward $80,000, but CoinGecko\u2019s figures at the time of writing put it over 200 bucks below<\/a> $82,000, down almost 2% in the last 24 hours and nearly 4% in the last 30 days. The OG cryptocurrency is also 24% below its level a year ago and 35% away from its all-time high of over $126,000.<\/p>\n A separate October 22 post from analyst Facundo Fama offered a more constructive historical comparison. Bitcoin\u2019s supply in profit rose<\/a> during the third quarter of 2026, the first bullish quarter following a downtrend since Q1 2023. In that earlier period, the supply in profit increased from 9 million BTC to more than 14 million, before a broader uptrend continued through 2025.<\/p>\n The post Bitcoin Profitability Nears 2022 Lows as BTC Price Slumps Below $82K: Analyst<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s long-term profitability indicator has fallen close to levels last seen in November 2022, when BTC traded near $16,000, even as the cryptocurrency remains near $82,000 in October 2026. On-chain data points to a sharp gap between today\u2019s price and investors\u2019 profit conditions, while newer large holders have a much thinner cushion than Binance deposit […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-242739","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/242739"}],"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=242739"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/242739\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=242739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=242739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=242739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}BTC Supply in Profit Turns Higher<\/h2>\n