Coins in Profit
Percentage of Bitcoin that are worth more than what was paid to buy them.
This checks every single coin on the blockchain and asks one question: is it worth more now than when it was last bought? Read more
The market is almost evenly split — roughly half of all coins are in profit and half are at a loss. This is a tipping point. If this drops below 50%, the majority of holders will be underwater, which historically creates intense selling pressure but also sets up the best buying opportunities.
The market is divided. 59.2% of coins are in the green, but 40.8% are in the red. A meaningful portion of holders is feeling the pressure.
Six months ago, 68% of all coins were in profit — more than half were in profit. That's dropped to 60% today, a 8 percentage point shift. Profitability has been declining as price pulled back. The market went from a comfortable position to a more mixed one. The rate of decline matters — if it's slowing, the shakeout may be running its course.
Getting closer to the high end of historical readings. The market isn't overheated yet, but the window of easy opportunity is narrowing as more coins move into profit.
Understanding Coins in Profit
Every Bitcoin has a history. This metric checks every single coin on the blockchain and asks: was it last bought at a price lower than today? If yes, it's in profit. Add them all up and you get a percentage. It's like taking a poll of every coin and asking 'are you winning?'
When over 95% of coins are in the green, nearly everyone who owns Bitcoin is making money. That feels amazing, but it's actually a warning sign. There's almost nobody left to buy, and everyone has a reason to sell. Major cycle tops have happened in this zone.
When it drops below 50%, more than half of all Bitcoin owners are in the red. That's when it feels terrible to hold. But these periods — which only happen in deep bear markets — have consistently been the best times to buy if you can stomach the pain and wait a few years.
What makes this so trustworthy is that it's not based on surveys or trading volume — it's a direct count from the blockchain itself. Every coin's purchase price is recorded. This makes it one of the most honest measures of whether the market is in good shape or not.