Bitcoin Price Hits Historic Profit Squeeze With 60% of Supply Now at a Loss
The post Bitcoin Price Hits Historic Profit Squeeze With 60% of Supply Now at a Loss appeared on BitcoinEthereumNews.com.
Key Insights: Bitcoin (BTC) price profit levels are unusually weak this cycle, with many holders still underwater. Profitability estimates vary, but only about 44%–52% of supply is in profit. The key trading range is $60K–$69K, with ~$54K as support and ~$79K as a recovery target. Weak flows, heavy losses, and miner pressure are slowing rebounds and raising volatility. Bitcoin (BTC) price entered its worst profit cycle on record as roughly 59% of the total supply fell into loss This cycle has pushed more Bitcoin holders underwater than the market saw when BTC was trading near $3,000. As Bitcoin trades in the low $60,000 range, on-chain data shows a market under pressure. Nearly half of holders are now sitting on unrealized losses. Newhedge’s supply-in-profit metric paints that picture clearly. With Bitcoin near $63,275, it shows 51.78% of coins in profit. That works out to about 10.35 million BTC in profit versus roughly 9.64 million BTC still in the red. Bitcoin Price Worst Profit Cycle Yet Leaves Majority of Supply in the Red As Bitcoin price trades in the low $60,000s, the on-chain ledger shows a painful reality. Nearly half of holders are sitting on losses. Newhedge’s percent supply in profit metric shows 51.78% of coins still in profit with BTC price around $63,275. In practical terms, that points to roughly 10.35 million BTC in profit and about 9.64 million BTC in loss. However, the picture looks even weaker in another model. Over the weekend, analyst DurdenBTC’s supply-in-profit tracker showed just 44.2% of coins in profit while Bitcoin price was still near $68,000. That reading landed at the 0th percentile, which signals an extreme level of stress for this cycle. Bitcoin Price Action | Source: X That figure matters because it does more than describe price action. It condenses years of market…
Filed under: News - @ February 26, 2026 2:38 pm