Glassnode: 69.3% of Bitcoin Supply in Profit as Leverage Risks Rise

Key Facts

1Glassnode reported that 69.3% of the Bitcoin supply is currently in profit, potentially increasing selling pressure.

2Glassnode warned of potential sharp price moves due to rising leverage and accelerating ETF inflows.

Amid shifting dynamics in the digital asset space, Glassnode has reported that 69.3% of the Bitcoin supply is currently in profit. According to reports, this high threshold of profitable holders could trigger increased selling pressure as investors look to realize gains. The analysis warns that the market may be approaching a pivot point characterized by heightened price sensitivity.

The combination of rising market leverage and accelerating spot ETF inflows is creating conditions for potential sharp price moves. Per analyst facts, a high percentage of supply in profit often signals a local top or an increased risk of a price correction, particularly when market participants are heavily leveraged through derivative instruments.

Looking ahead, broader economic indicators may influence crypto market sentiment, following recent US Balance of Trade data showing a deficit of $88.6 billion as of early September 2026. With current price levels for BTC unavailable in the latest data snapshot, traders are advised to watch for signs of profit-taking that could test market resilience.