Supply in profit (%)
Percentage of circulating supply whose average acquisition cost (by the month it last moved) sits below today's price.
Why it matters
Near 100% during euphoric rallies, falls sharply during steep drops — a rough measure of how much of the market would realize a loss if it sold today.
Build it yourself
Count how much BTC cost less than it's worth today — and what fraction of supply that is.
% in profit = BTC in profit ÷ total supply × 100
Supply in profit
Illustrative example numbers for practice — not real data.
How it's calculated, step by step
- For every age bucket (same snapshot as the previous indicator), that bucket's average cost is computed = accumulated USD value ÷ that bucket's BTC.
- If that average cost is below today's price, all of that bucket's BTC counts as "in profit".
- The in-profit BTC across all buckets is summed and divided by the day's total BTC.
Descriptive.
It's a snapshot of market state, not a trigger — useful as context for reading other signals.
Chart
This is real Bitcoin data, computed from the blockchain — not the illustrative example above.
Data last updated on 2026-09-09.