98% of Bitcoin Wallets in Profit Amid Volatility
Key Takeaways
- 98% of all Bitcoin wallets are currently in profit.
- The share of BTC at a loss has dropped below 2% — a historic low.
- Such phases often indicate a late stage in the bull market.
- Net inflows to exchanges are rising — a possible signal of selling pressure.
- A drop to $96,000 is possible, but a rise to $106,000 also remains conceivable.
Almost All Bitcoin Investors in the Green
Bitcoin prices have surged significantly in recent weeks. Within a month, the price increased from around $76,000 to over $104,000 USD. According to data from CryptoQuant, 98% of all Bitcoin wallets are now in profit. This means that only 2% of circulating BTC were purchased at a higher price than the current market value.
This situation is rare and typically occurs during times of strong market euphoria. Historically, it often marks the end of a bull cycle.
What Does the NUPL Indicator Say?
An important metric for assessing market sentiment is NUPL (Net Unrealized Profit/Loss). It shows the ratio of unrealized gains to losses in the market. Currently, NUPL stands at 0.56 — a value indicating growing optimism, but not yet at its peak.
When NUPL reaches values of 0.75 or higher, it points to an overheated market phase. Historically, such levels were often followed by corrections.
Selling Pressure is Increasing
Another warning signal: Bitcoin net inflows to exchanges have increased recently. Over the past 48 hours, 756 BTC have been deposited to trading platforms. This suggests that some investors are looking to take profits. Such movements often occur just before local market tops.
Long-term investors might use this market phase to reduce risk. At the same time, new investors may be jumping on the bandwagon — a classic pattern in late bull markets.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 3 minutes
-
Retro Slots – The Best Slot Games With Retro Look at a Glance
Reading time: ~ 3 minutes
-
Gold Slots – Best Slot Machines With a Gold Theme
Reading time: ~ 3 minutes
-
Versus Odds B.V. Casinos
Reading time: ~ 3 minutes
-
Food and Drink Slots: The Best Slot Games Inspired by Culinary Delights
Reading time: ~ 3 minutes
What’s Next for Bitcoin Prices?
The current situation resembles previous market cycles. If the pattern repeats, Bitcoin could come under short-term pressure. A drop to around $96,000 USD is possible.
However, in past cycles, it often took several weeks after such a low in “Supply in Loss” (share of BTC at a loss) before an actual peak was reached. If the market remains stable, BTC could once again attempt to break through the $106,000 USD level — a resistance point that was tested multiple times in January 2025.
Our Assessment
The current market environment shows clear signs of overheating. When 98% of wallets are in profit, the likelihood of profit-taking — and thus short-term pullbacks — increases. At the same time, investor confidence remains high — a typical trait of late-stage bull markets.
For you as an investor or player in the crypto casino space, this means: closely monitor market movements. If you want to lock in profits, don’t hesitate. If you’re thinking long-term, be prepared for potential volatility.
Sources
- CryptoQuant
- Glassnode
- IntoTheBlock
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | 102637 |
| 24h % | -1.35 % |
| 7d % | 8.95 % |
| 30d % | 21.11 % |
| 60d % | 27.21 % |
| 1y % | 66.57 % |
| Market Cap | $2,038,966,551,552.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
Advertising transparency