On-chain data shows the Bitcoin supply in income has witnessed a sharp increase recently. Here's whether the current level is considered high or not.
Bitcoin supply in income crossed 87% Mark
According to the latest weekly report from GlassnodeThe Bitcoin supply in revenue is marked by an improvement next to the latest rally in cryptocurrency prices.
The “Supply in Profit” here refers to an on-chain indicator that monitors the percentage of the total BTC supply currently held in some unlucky benefits.
The scale works by going to the history of the transaction of each coin in circulation to see what price the last moved to. If the final value of this transaction of any coin is less than the current price of the area for any coin, then the particular token is assumed to bring a gain and the supply to the income will include it at its value.
There is also an alternate indicator known as a supply of loss related to coins of the opposite type (that is, those basically higher than the latest price). The two metrics should count up to 100%, so if one is known, the other can be calculated only by reducing it from 100.
Looks like the value of the metric has been sharply going up in recent days | Source: Glassnode's The Week Onchain - Week 16, 2025
As shown in the above graph, the Bitcoin supply in income has seen a well -known jump. The reason behind this increase in the indicator naturally lies in the fact that the price of the BTC itself has climbed this season.
Following the increase, the scale reached a value of 87.3%. Noteworthy, the last time the BTC traded around $ 94,000, the indicator was only sitting at 82.7%. This will indicate that almost 5% of the supply purchased at Bull Run Highs has since changed hands to recent lower price levels.
Usually, investors who earn are more likely to sell their coins. As of this, in the past, the BTC tends to see too much heat when the income supply reaches the extreme levels.
While getting this income can lead to a top for possession, it can really be a positive sign when income supply can be maintained at high levels. This is because it indicates that there is sufficient demand in the market that the BTC can handle its price despite the sale.
“Historically, a typical phase of euphoria tends to follow this scale that stabilizes above 90% for an extended period, which has signed widespread profitability and elevated investor confidence,” Glassnode said. So far, BTC has not reached this phase.
BTC price
Bitcoin broke up above $ 95,000 earlier in the day, but it seems that the asset has seen a minor pullback since it returned to $ 94,800.
The trend in the BTC price over the last five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, Glassnode.com, chart from tradingview.com
Editorial process For Bitcoinist centered on delivering thoroughly researched, accurate, and unbiased content. We promote strict sources of sourcing, and each page undergoes our team's enthusiastic examination of the leading technology experts and timely editors. This process ensures the integrity, relevance, and value of our content for our readers.
