Unrealised Topheavy Drawdowns Bull Pctsupplyinprofit Topheavy Drawdowns Bull Pctsupplyinprofit

Bitcoin

This tracks the percent of supply in profit across market cycles for comparison.

Why it matters

It shows how current holder profitability compares to the same phase of past cycles.

Percent supply in profit is aligned and overlaid across historical cycles.

Cross-cycle comparison helps judge whether the market is early or late relative to prior cycles.