Bitcoin long-term holders remain profitable since 2023, with the current float profit buffer at 72%.

iconChainthink
Share
AI summary iconSummary
Bitcoin analysis as of October 13, 2026, shows long-term holders remain profitable with a 72% float profit buffer. Their average cost basis is $48,600, and they have remained in profit since January 2023. The cost basis peaked at $49,500 on July 30 and has since declined by 1.7%. Bitcoin news reports 60 negative weekly price changes over 74 days, with the largest at -0.34% on August 25. The latest weekly change is -0.06%, and analyst Axel Adler Jr. notes the decline remains mild.

ChainThink reports that on October 13, analyst Axel Adler Jr. stated that on-chain data shows Bitcoin long-term holders (LTHs) have an average cost basis of $48,600, with the current price approximately 72% above that cost.

This group has remained profitable since January 2023, with the most recent proximity to the cost line occurring in March 2023.

After reaching a high of $49,500 on July 30, the LTH cost basis has declined by 1.7%. Of the past 74 days since August 1, 60 days have recorded negative weekly changes;

The largest weekly decline was 0.34% on August 25, with the current reading at -0.06%. Axel Adler Jr. noted that the current decline remains relatively mild;

If it continues to decline, it may indicate accelerating selling pressure; if it returns to positive territory, it suggests long-term holders are re-accumulating.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.