Comparison on Chain Percentage of Supply in Profit 7dma
Bitcoin
The 7-day moving average of the percentage of BTC's circulating supply whose acquisition cost is below the current price.
Why it matters
To gauge overall market-wide profitability and identify potential support or resistance zones tied to holder cost basis.
How it is built
Comparing the price at which each unit of supply last moved against the current price to classify it as in-profit, then dividing by total supply and smoothing with a seven-day rolling average.
What to watch
A high percentage in profit can fuel further buying confidence or profit-taking, while a low percentage often coincides with capitulation phases near market bottoms.
Related metrics
- Bitcoin on Chain Percentage of BTC Supply in Profit 7dma
- Comparison on Chain Percentage of Supply Active in 1 Year
- Comparison on Chain Percentage of Inactive Supply for at Least 1 Year BTC and SOL
- Comparison on Chain Number of New Addresses 7dma
- Comparison on Chain Number of Active Addresses 7dma
- Bitcoin on Chain Percentage of Bitcoin Supply Active
- Comparison on Chain Transaction Count Daily
- Comparison on Chain Fees per Chain