Bitcoin

  • Bitcoin leads with 94.5% of supply in profit, but its high ratio could invite profit-taking if sentiment shifts.

  • Cardano’s 46.5% supply in profit shows most holders are still down, giving it more room to rise if momentum builds.

  • XRP holds a stable mid-point with 65.1% in profit, keeping it ahead of ADA and DOGE but trailing ETH and BTC.

A new supply-in-profit chart reveals a striking gap in profitability across major cryptocurrencies. Bitcoin leads the pack, followed by Ethereum and XRP, with Cardano, Dogecoin, and Chainlink lagging. This split occurs after a bifurcated week of price movement for the top assets. 

Bitcoin (BTC) Rises to $106,018.88 with 2.19% Daily Gain, Leading Market Profitability Rankings

Bitcoin currently has 94.5% of its total supply in profit, by far the highest among the top six assets. In a post by Santiment, this indicates almost all holders are sitting on gains, potentially fueling confidence but also caution as profit-taking looms. Bitcoin’s dominance is in market cap and holder profitability, which is rarely this extreme.

Ethereum (ETH) Climbs to $2,447.11 with 4.24% Daily Rise, Holding 2nd Position in Rankings

Ethereum shows 88.7% of its supply in profit, making it a strong second to Bitcoin. While not at the same peak, Ethereum still displays solid momentum and market support. Holders here are in a favorable position, with consistent trend strength and fewer deep drawdowns this cycle.

XRP (XRP) Trades at $2.20 with 5.92% Daily Gain, Holding 4th Spot in Market Rank

XRP is currently seeing 65.1% of its supply in profit, placing it in the middle of the pack. XRP’s performance has remained relatively stable despite broader volatility, holding a firm market position. This mid-range profit ratio positions XRP ahead of Dogecoin and Cardano, but still behind Ethereum and Bitcoin.

Dogecoin (DOGE) Rises 3.95% Today, Trades at $0.1652, Holds 9th Position

Dogecoin’s profit percentage sits at 64.7%, indicating a near-even split between winning and losing holders. Dogecoin’s chart behavior has been erratic, shaped heavily by sentiment swings and speculative trades. This balance suggests vulnerability, especially without consistent support from long-term investors.

Chainlink (LINK) Jumps 8.45% Daily, Trades at $13.39 with Rank 13 Globally

Chainlink has 59.4% of its supply in profit, keeping it near Dogecoin in overall holder profitability. LINK has seen its metrics fluctuate, with fewer peaks in recent months. As a result, its current positioning reflects cautious accumulation and uncertain market commitment.

Cardano (ADA) Sees 4.49% Daily Gain, Holds Rank 10 at $0.5860

Cardano is the outlier with just 46.5% of supply in profit, meaning most holders are still in the red. According to Santiment, this underperformance points to unrealized potential and a bearish overhang. However, if sentiment turns, ADA’s low profitability could flip into a rapid upside opportunity.

Final Outlook

This divergence in profitability clearly illustrates market polarization going into the fourth quarter. Strong-performing assets such as Bitcoin and Ethereum are displaying solid investor conviction but also carry the potential for profit-taking headwinds. On the other hand, laggards like Chainlink, Cardano, and Dogecoin may be hitting their key levels, where a change in sentiment or momentum may prompt disproportionate action.

XRP is still in a solid middle ground, therefore being easy for conservative and also for high-volatility strategies. As the market reassesses risk and upside potential, these measures of profit offer a crucial window into positioning, pressure points, and conviction in the long term.

The post Bitcoin Tops Profitability Chart at 94.5% While Cardano Trails at Just 46.5% appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.