Swissblock Issues Market Update on Bitcoin Profit Supply
Swissblock has issued a new market update, highlighting that the percentage of Bitcoin (BTC) supply currently in profit has dropped back to around 91%, down from unsustainably high levels flagged earlier in the week. The firm emphasizes that this retracement could be a healthy reset—but only if Bitcoin holds a key support zone between $12.5K and $14K.
According to the firm’s tweet, a high number of profitable accounts without strong momentum historically signals vulnerability to pullbacks. As profit-taking intensifies, any break below this inflection zone could trigger a shift from a strategic to a more tactical market environment, requiring faster decision-making and increased risk management. The included chart, powered by Glassnode, shows BTC’s percent supply in profit (orange line) versus price (black line). After peaking above 97% earlier this year, the metric has now cooled, landing in what Swissblock describes as a “critical zone for bullish continuation.”
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The firm notes that its @bitcoinvector and @altcoinvector clients have been closely monitoring this range for weeks, treating it as a make-or-break level for sustaining the broader uptrend. A hold here would likely strengthen bullish confidence heading into Q4 2025, while a breakdown could shift sentiment toward defensive positioning. Traders are now watching for confirmation signals at this key junction.
Kosta Gushterov
Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.
Tags: Bitcoin