• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ripple CTO Steps Down, Accepts New Offer – What You Need To Know
Bitcoin

Bitcoin’s Recent Price Rebound Above $99,000 Sends Millions Of BTC Back Into Profit Territory

Godspower Owie
by Godspower Owie
4 months ago
·
Posted in Bitcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin has once again taken center stage in the crypto market. Following a market resurgence, the flagship asset rebounded above the $99,000 mark. During the sudden price recovery, a significant portion of BTC moved back into profit territory.

Millions Of Bitcoins Return To Profit

The renewed general market upsurge pushed Bitcoin’s price to key resistance levels. As the cryptocurrency stages a price rebound, Glassnode, a leading financial and on-chain data platform, has called attention to a huge portion of Bitcoin returning to profit.

Related Reading: Bitcoin’s Next Euphoria Phase On The Horizon As BTC Holders Celebrate Growing Supply In Profit

At the time of Glassnode’s report, Bitcoin had gained momentum as its price soared to $97,900, marking the highest level in the past two months. The data shows that more than 3 million BTC are now back in the profit zone, following the price recovery, which provided relief to market participants.

The return of previously underwater BTC holdings into profit territory is likely to bolster investor confidence and strengthen market sentiment about the sustainability of the recent rally. Furthermore, the development could set the stage for a potential sustained upside movement to crucial levels such as the $100,000 mark.

Presently, the percentage of Bitcoin’s overall supply in profit has risen to 88%, with losses previously concentrated among buyers from the $95,000 and $100,000 range. This positive advancement in supply profitability signals an impending euphoria phase. 

After examining the supply profit oscillator, Glassnode highlighted that the metric had bounced back from its long-term mean, suggesting a broader resetting of investor expectations without a widespread surrender.

Should the percentage of supply in profit continue to increase, it might spark a major rally for BTC as investors’ engagement rises in anticipation of the upsurge. Thus, the ongoing upward move above the $99,000 threshold could be part of a larger trend.

Short-Term BTC Holders Selling In The Face Of Growing Profitability

While a significant number of BTC returning to profit is believed to trigger investors’ confidence, this is not the case for short-term holders. Alphractal, an advanced on-chain data platform, revealed a surprising trend among these investors even as the recent rebound pushes short-term holders back into profit.

Related Reading: Bitcoin’s Deja Vu? Historic Accumulation Structure Hints At Another Potential Rally For BTC

According to the on-chain platform, the short-term holders’ cost basis has been hit, but these players are persistently distributing their holdings. Surprisingly, this growing selling pressure is attributed to their return to profitability, raising questions about a potential short-term pullback.

Alphractal stated that the STH Realized Price currently stands at $93,400, and Bitcoin should ideally maintain this level in the near future to prevent a fresh selling wave from happening. In the meantime, this area serves as a solid base against pullbacks, and short-term holders will probably make every effort to protect it.

At the time of writing, BTC was trading at $99,700, demonstrating a nearly 4% rise in the past week. Trading volume has also grown sharply alongside price. CoinMarketCap data shows a more than 60% rise in trading volume in the past day, reflecting bullish conviction.

Bitcoin
BTC trading at $99,273 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Godspower Owie

Godspower Owie

Follow

Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.

Full Profile

Related Posts

Bitcoin Spot Liquidity Shrinks: Stablecoin NetFlows Turn Negative Despite ETF Inflows

Bitcoin Spot Liquidity Shrinks: Stablecoin NetFlows Turn Negative Despite ETF Inflows

18 minutes ago
Bitcoin

Bitcoin Beyond Money: It Is A Remarkable Achievement In Cryptography – Here’s Why

2 hours ago
Bitcoin Mining

Bitcoin Mining Difficulty To Rise For 7th Straight Adjustment Wednesday

14 hours ago
bitcoin

Tether Stacks More Bitcoin With Fresh 8,888 BTC Acquisition Worth $1 Billion

15 hours ago
Bitcoin news

Bitcoin Core Vs Knots Is Old News — Satoshi Fought The Same War 15 Years Ago

22 hours ago
Bitcoin Spot Market Regains Momentum On Binance: A Shift In Investor Behavior

Bitcoin Spot Market Regains Momentum On Binance: A Shift In Investor Behavior

1 day ago

Premium Sponsors

Press Releases

  • най-добрите криптовалути

    Най-добрите криптовалути за...

    12 hours ago
  • As the Tapzi Fundraiser Continues to Generate Buzz, Could It Be One of This Year’s Best Crypto Presales?

    As the Tapzi Fundraiser Continues to Generate Buzz, Could...

    14 hours ago
  • 距離上線僅剩3周:Snorter代幣ICO融資突破 415...

    2 days ago
  • 上線倒計時:僅剩25天可搶購 Snorter Bot 代幣

    6 days ago
  • 加密錢包掀起發幣熱潮 Best Wallet...

    1 week ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.