Black Almanak open on-chain metrics for Bitcoin ● data
Young supply

Short-Term Holder Supply in Profit

Young coins whose acquisition price is below the current price.

Latest daily observationProvisional day
STH Supply in Profit
2,729,592.393 BTC
Bitcoin price
$82,448.31

Observation: UTC. Dataset updated: .
Updated daily, normally at 09:30 Europe/Madrid. Latest hourly bucket starts 2026-10-09 07:00 UTC (hour start).

This day is incomplete and may change. Daily flows accumulate through the latest update; they differ from a single hourly point.

Recent daily values

The last seven closed UTC days. These values remain daily when you change the chart range.

Short-Term Holder Supply in Profit — daily observations
Date (UTC)STH Supply in ProfitBitcoin price
2026-10-082,485,371.692 BTC$81,676.02
2026-10-072,528,424.925 BTC$83,274.86
2026-10-063,106,964.527 BTC$85,553.52
2026-10-053,413,037.626 BTC$85,756.06
2026-10-043,580,448.248 BTC$86,510.16
2026-10-033,204,064.932 BTC$84,746.87
2026-10-023,146,071.689 BTC$84,500.84

Formula

STH Supply in Profit = Σ(BTC in young creation-day buckets whose remaining average acquisition price is below current price).

How to read it

This is the portion of young supply classified in profit under the daily-bucket approximation. Compare it with total young supply to understand its size; a high share does not predict an imminent sale.

Limitations

  • All remaining coins created on one day are classified using that bucket's average cost. Coins within the day can have different acquisition prices, so the classification is approximate.
  • On-chain movements include transfers between an owner's own wallets. They do not establish actual purchases, sales or investor identity.
  • The latest day is provisional. Data is updated daily; hourly resolution does not mean hourly publication.

Historical examples

Selected mechanically: the lowest and highest closed-day STH Supply in Profit in the available history (2023-01-01 to 2026-10-08). These are observations, not forecasts or trading signals.

Lowest observed

2024-08-05

STH Supply in Profit: 0 BTC.

Bitcoin price in the same daily row: $54,343.63. This counts outputs rather than distinct investors; wallet transfers can change cohort membership.

Highest observed

2025-01-21

STH Supply in Profit: 5,023,294.932 BTC.

Bitcoin price in the same daily row: $105,987.89. This counts outputs rather than distinct investors; wallet transfers can change cohort membership.

Download these closed daily observations (JSON)

Source: Computed from the chain (BigQuery public dataset crypto_bitcoin), hourly resolution. Price source: Bitstamp BTC/USD hourly candles. rows before 2025-10-06 computed with daily prices (Coin Metrics); hourly prices from then on Methodology and sources.