Bitcoin’s On-Chain Profitability Has Surged With 97% of Supply Now in Profit: Glassnode

According to data from Glassnode, the profitability of Bitcoin's on-chain activity has experienced a significant increase, with an impressive 97% of the total supply now being held at a profit. This remarkable statistic indicates that the vast majority of Bitcoin holders have seen their investments become more valuable, reflecting a positive shift in market conditions and investor sentiment within the cryptocurrency space. Such a high percentage of profitable holdings suggests a robust recovery and growing confidence in Bitcoin as a leading digital asset. source: https://www.coindesk.com/markets/2025/10/08/bitcoin-s-on-chain-profitability-has-surged-with-97-of-supply-now-in-profit-glassnode