Bitcoin Is Existing Exchanges At An Alarming Rate, But How Are BTC Investors Faring In Terms Of Profit?

Over the last 30 days, long-term holders have added 303,000 BTC to their positions. Bitcoin ETFs have absorbed a net 16,800 BTC in inflows. Strategy has also added 53,000 BTC to its holdings over the same period. 

Meanwhile, short-term holders, the cohort most sensitive to price movements and most likely to sell into strength or panic on weakness, have reduced their aggregate position by about 290,000 BTC.

Only Half Of Bitcoin Supply Is In Profit

Even as Bitcoin is being taken off crypto exchanges, profitability metrics show a more subdued outlook of how many investors are currently making money. On-chain data shows the seven-day moving average of the percentage of BTC supply in profit is currently at 52.3%, according to insights from The Block.

At its peak, above $126,000 in October 2025, 99.66% of the supply was in profit. The drop to near 50% is a reflection of the impact of the correction that followed, bringing a large portion of the market back to breakeven levels. Still, Bitcoin’s recent rally above $77,000 pushed many more holders into profit. Only about 44.1% of the Bitcoin supply was held in profit on April 2.

Readings above 90% are a reflection of late-stage bull markets. Therefore, based on that context, the current reading of 52.3% can be viewed through a bullish lens. 

The three data streams (declining exchange reserves, net accumulation by long-term holders and institutions) and a supply-in-profit reading at the midpoint show Bitcoin is currently in a period of consolidation.

BTC trading at $77,487 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com