Crypto Holders Sit in Massive Gains as Percent of Supply in Profit Soars
The post Crypto Holders Sit in Massive Gains as Percent of Supply in Profit Soars appeared on BitcoinEthereumNews.com.
An on-chain indicator is clearly showing the current sentiment for the major cryptos: most holders are sitting on unrealized profits. The “Percent of Total Supply in Profit” metric tracks how much of a cryptocurrency’s circulating supply was acquired at a price lower than its current market value. Right now, it seems that a lot of top coins are seeing a historically high amount of profit among their holders. Here are the figures for some of the major coins: Bitcoin (BTC): 73.1% Ethereum (ETH): 79.6% Litecoin (LTC): 83.5% Chainlink (LINK): 92.3% Ripple (XRP): 90.5% Polkadot (DOT): 91.5% Cardano (ADA): 87.9% Solana (SOL): 95.4% The figures for Chainlink, Ripple and Solana are especially impressive. The data indicates that the market has experienced widespread increases in the prices of assets, from Bitcoin and Ethereum to altcoins like XRP and Dogecoin. This could be seen as a sign that the market is quite strong. But it could also mean that the market in general is due for a correction, as people might be tempted to take profits after the long, nearly uninterrupted upward trend we’ve seen. Bitcoin, XRP Lead the Pack in Holder Profits New data shows that Bitcoin has the highest amount of its supply in profit. Currently, 98.4% of circulating Bitcoin is worth more than it was worth when it was acquired. This reflects the long-term bullishness of Bitcoin. It also reflects the conviction held by many who hold Bitcoin. XRP is closely behind with 98.3 percent of its supply in favorable territory for holders. This is a surprising figure given all the regulatory and legal trouble XRP has faced, including a lawsuit from the SEC. XRP is now almost completely in profitable territory thanks to its recent price recovery. Pretty much all XRP holders are now making money, which confirms that…
Filed under: News - @ May 30, 2025 7:27 am