95% of Bitcoins Are Profitable, Say Glassnode Analysts
Date: 2025-10-09 Author: Henry Casey Categories: CRYPTO PAYMENTS
According to the Glassnode platform, over 95% of all Bitcoins are currently in profit. This level is typically observed during periods of market euphoria and may signal the approach of profit-taking. Analysts warn that such periods are often accompanied by increased volatility and increased risks for investors.
After the price of the world's leading cryptocurrency surpassed $117,000, market participants began actively taking profits. Analysts note that such a high proportion of profitable coins rarely persists for long: historically, it precedes short but sharp corrections.
A CryptoQuant expert using the pseudonym Maartunn reported that 32,322 BTC—approximately $3.93 billion at the current exchange rate—were recently transferred from inactive wallets that hadn't moved funds for three to five years. He emphasized that this is the largest withdrawal from such addresses in 2025.
Furthermore, on October 7, a major Bitcoin holder, with assets worth over $10 billion, moved 3,000 BTC to the Hyperunit platform. This move sparked a heated debate among analysts and users, many of whom speculated that major players were preparing for a new cycle of asset accumulation, including Ethereum.
Earlier, the analytics firm QCP Capital noted that Bitcoin's rise in recent weeks is linked to increased demand for "safe haven" assets. Investors are viewing BTC as a means of preserving capital amid political uncertainty and the threat of a US government shutdown. At the time of writing, Bitcoin is trading around $123,000, holding above a psychologically important level. According to TradingView, the BTC/USDT chart on Binance is showing a steady uptrend with moderate corrections, confirming market participants' confidence in further growth.
Despite these positive signals, experts warn that reaching such profit levels usually heralds a correction. Increased selling pressure seeking profits could trigger a short-term price decline. Nevertheless, most analysts believe Bitcoin's long-term prospects remain optimistic: demand from institutional investors continues to grow, and the limited supply of coins strengthens confidence in the asset as a form of digital "gold."
