Cost Basis by Age
How cheap did long-time holders buy in?
Move through the holding ages to see what each group paid on average.
The cost of holding longer
Average buy price for eleven holding-age groups on 28 Sep 2026, from $53,192 for coins held 1 day or more to $121 for coins held 10 years or more, against a Bitcoin price of $83,640. The groups overlap: this is one day’s view, not a timeline.
Use the left and right arrow keys to move through the holding ages. Home and End jump to the youngest and the oldest group.
The shaded gap compares each group’s buy price with Bitcoin’s price. Groups overlap; this is one day’s view, not a timeline.
Inspect and compare holding ages
Compare two holding ages from the same day’s reading.
| Measure | 1 month or more | 1 year or more |
|---|---|---|
| Average buy price | $51,586.36 | $37,698.54 |
| Share of all Bitcoin | 93.44% | 63.28% |
| Compared with Bitcoin price | 38.3% below | 54.9% below |
A coin held for five years also belongs to the one-year group, so do not add these shares together.
Right now
Coins held for a year or more have an average buy price of $37,699.
They make up 63.28% of all Bitcoin. Their average buy price sits 54.9% below the Bitcoin price, so on average they are sitting on big gains.
Read the curve
Older coins were bought far cheaper. Coins held for a day or more paid $53,192 on average; coins held for 10 years or more paid $121.
Move the age control, point to the curve, or tap a table row to inspect a group. Moving right changes the minimum holding age, not the date.
Breakeven
Every group is in profit on average. Even coins held for a day or more, the group that includes the newest buyers, paid $53,192, 36.4% below the Bitcoin price.
A group whose average buy price sits below the Bitcoin price is in profit on average, and one above it is underwater. An average hides individual holders: some coins in a group in profit were bought above the price.
For you
Compare how much room different holders have before their coins reach breakeven.
The curve shows each group’s average starting point. It does not show that anyone plans to sell, and it cannot tell you what was paid for any single coin.
Understanding
Cost Basis by Age
Where it stands today
Coins held for a year or more have an average buy price of $37,699 as of .
Recent buyers paid $73.1K on average for their Bitcoin as of .
What does holding age mean?
Holding age is the time since a coin last moved. The one-year group holds every coin that has stayed still for at least a year. Older groups sit inside younger ones, so a coin that has not moved in ten years is counted in both the ten-year and the one-year group.
How is the average buy price estimated?
Every Bitcoin carries a record of the price it last changed hands at. Each coin in a group is valued at Bitcoin’s price when it last moved, and the total is divided by the number of coins in the group. That is the group’s cost basis, its estimated average buy price. It is worked out from the blockchain every day, not modelled or predicted.
Why did older coins cost less?
Someone whose coins have not moved in ten years bought when Bitcoin was far cheaper; someone whose coins last moved a month ago paid close to recent prices. So the curve falls steeply toward the older groups. That slope is the story of Bitcoin’s rise, one holding age at a time.
Where does the curve cross the price?
That is the useful question. Every group whose average buy price sits below the Bitcoin price is in profit on average, and every group above it is underwater. In a strong market almost every group is in profit and only the newest buyers sit near breakeven. When the price falls, the breakeven point moves toward older, more patient groups, which is worth watching. See how much Bitcoin is in profit.
Why does it matter?
The oldest groups paid so little that they rarely sell at a loss. The newest buyers are the opposite: they are the likeliest to sell when the price dips below what they paid. Seeing which groups are underwater shows which holders are most likely to sell.
Why can moving coins change this reading?
A move resets a coin’s holding age, even when its owner is only sending it to another wallet they control. The price at that move is an estimate of what was paid, not proof of a purchase.
Why are there no date buttons or zoom?
This reading compares eleven holding ages on one day. The horizontal axis is holding age, with the groups spaced evenly, so it is not a price history: there are no dates to pick and nothing to zoom into.
The numbers
behind the chart
What did coins at each holding age cost?
| Held at least | Average buy price |
|---|---|
| $53,191.81 | |
| $52,521.74 | |
| $51,586.36 | |
| $50,254.99 | |
| $48,809.15 | |
| $37,698.54 | |
| $18,608.67 | |
| $13,179.36 | |
| $8,599.51 | |
| $2,199.87 | |
| $121.12 |
How far is each buy price from Bitcoin’s price?
| Held at least | Compared with Bitcoin price |
|---|---|
| 1 day | 36.4% below |
| 1 week | 37.2% below |
| 1 month | 38.3% below |
| 3 months | 39.9% below |
| 6 months | 41.6% below |
| 1 year | 54.9% below |
| 2 years | 77.8% below |
| 3 years | 84.2% below |
| 5 years | 89.7% below |
| 7 years | 97.4% below |
| 10 years | 99.9% below |
How much Bitcoin has been held that long?
| Held at least | Share of all Bitcoin |
|---|---|
| 1 day | 98.80% |
| 1 week | 96.75% |
| 1 month | 93.44% |
| 3 months | 86.02% |
| 6 months | 80.63% |
| 1 year | 63.28% |
| 2 years | 48.52% |
| 3 years | 42.54% |
| 5 years | 33.59% |
| 7 years | 26.17% |
| 10 years | 17.79% |
What is included in this reading?
This reading covers eleven minimum holding ages, from 1 day to 10 years, on 28 Sep 2026. Every comparison uses one Bitcoin price, $83,640.10, the price when the reading was made.
Each group includes every coin held at least that long, so the shares overlap and do not add up to 100%. Buy prices are estimated from the last time coins moved, so they are not individual purchase receipts.
This is one day’s comparison, not a history: the page has no earlier readings for these groups.
Source: Maketo’s daily record of what each holding-age group paid. Reading for .