92% of Bitcoin (BTC) Short-Term Holder Supply in Profit as BTC Trades at $84,610, Maartunn Data Shows
Key Takeaways
- •On-chain data published on October 3 shows that 92% of Bitcoin's short-term holder supply is in profit, equal to approximately 3.27 million BTC.
- •The figures were reported by on-chain analyst Maartunn in a post on X on Saturday, October 3.
- •Bitcoin was trading at $84,610 when the data was published, and the remaining roughly 8% of short-term holder supply is not in profit at that price level.
- •Short-term holders are typically defined as coins that have moved on-chain within approximately the past 155 days, making the cohort's profitability a standard metric derived directly from blockchain data.
- •Because coins continuously enter and exit the cohort based on their age, the 92% profitability reading is a snapshot rather than a fixed figure.
Bitcoin (BTC) is trading at $84,610, and on-chain data published on October 3 shows that 92% of the Bitcoin supply held by short-term holders is in profit — a total of approximately 3.27 million BTC. The figure was reported by on-chain analyst Maartunn in a post on X on Saturday, October 3.
In on-chain analytics, short-term holders are commonly defined as coins that have moved on-chain within roughly the past 155 days. Because this cohort consists of relatively recent buyers, the share of its supply that is in profit is a standard on-chain metric: it measures how much recently moved Bitcoin was acquired at prices below the prevailing market level. The measure is derived directly from blockchain data, which records the timing of every on-chain transaction and allows analysts to group coins by the time since they last moved. Because the cohort is defined by coin age rather than wallet identity, its composition is continuously refreshed: coins that have remained unmoved for more than roughly 155 days roll out of the category, while newly moved coins roll in.
Based on the published figures, approximately 3.27 million BTC — 92% of short-term holder supply — carries a cost basis below the current market price of $84,610. The remaining share, roughly 8% of the cohort, is not in profit at the prevailing price. Since these coins change hands more frequently than long-held supply, the cohort's aggregate cost basis is widely used in on-chain research as a reference point for how recent buyers stand relative to spot prices.
Bitcoin is the largest cryptocurrency by market capitalization, and indicators based on its public ledger, such as short-term holder profitability, are widely tracked by on-chain analytics providers and frequently cited in market commentary. Because both the cohort's cost basis and its share in profit shift as prices move and coins change hands, a reading like this one is a snapshot rather than a fixed figure, and updated publications from analysts such as Maartunn are how observers follow that position over time.
The underlying data was shared by Maartunn on X on Saturday, October 3, 2026.
This content was first published on COINOTAG.
