Markets· ★★★· bearish·

Bitcoin Profitability Indicator Nears November 2022 Lows as BTC Holds Near $82K

  • —Profitability ratio at 13.6 versus 11.92 in November 2022
  • —New whales sit only 6.3% above their $77,120 average entry
  • —Binance deposit addresses are 27.7% in profit at a $64,200 realized price
  • —30-day realized cap growth is $12.93B, down from $64B in July 2025
Why it matters: Thin profit cushions for new large holders raise the risk of selling and further downside pressure on BTC.
Source: CryptoPotato