Bitcoin Profitability Nears 2022 Lows as BTC Price Slumps Below $82K: Analyst
đ Bitcoin's long-term profitability indicator has dropped to 13.6, nearing levels from November 2022 when BTC was around $16,000, despite its current price exceeding $82,000.
đ New large holders, or "whales," have a thinner profit cushion compared to Binance deposit addresses, with average cost bases significantly impacting their profitability.
đ Bitcoin's supply in profit has increased during Q3 2026, marking a positive shift after a prolonged downtrend, with supply rising from 9 million BTC to over 14 million.
đ Bitcoin's long-term profitability indicator has dropped to 13.6, nearing levels from November 2022 when BTC was around $16,000, despite its current price exceeding $82,000.
đ New large holders, or "whales," have a thinner profit cushion compared to Binance deposit addresses, with average cost bases significantly impacting their profitability.
đ Bitcoin's supply in profit has increased during Q3 2026, marking a positive shift after a prolonged downtrend, with supply rising from 9 million BTC to over 14 million.