BITCOIN PROFIT BY WALLET SIZE
Which Bitcoin holders are up, and which are down?
What seven sizes of holding paid, and where they stand now.
Seven sizes. One price.
Bitcoin $83,565| Size of holding | Average buy price | Paper gain or loss |
|---|---|---|
| $57,712 | +44.4% | |
| $62,366 | +33.6% | |
| $67,654 | +23.2% | |
| $28,214 | +195.4% | |
| $49,645 | +67.9% | |
| $48,185 | +73.0% | |
| $48,500 | +71.9% |
Why is the 10 to 100 BTC group’s average buy price so low? It holds most of the coins mined in 2009 and 2010 that have never moved. Those coins cost almost nothing, so they pull its average far below the groups beside it.
How much room does each group have?
Each wave shows a group’s paper gain or loss against its average buy price. Every row uses the same percentage scale. Higher orange waves mean larger gains; blue dips mean losses. These are returns, not shares of the Bitcoin supply.
Paper gainPaper lossEach dotted line is 0%
Inspect and compare dates
Pick two to four dates to compare each group’s paper gain or loss. Changes in a gain or loss are in percentage points.Pick two to four dates to compare how many size groups were in profit.
| Size of holding | Change | ||
|---|---|---|---|
| 10,000+ BTC | +37.0% | +44.4% | +7.41 points |
| 1,000 to 10,000 BTC | +27.5% | +33.6% | +6.12 points |
| 100 to 1,000 BTC | +17.0% | +23.2% | +6.24 points |
| 10 to 100 BTC | +182.4% | +195.4% | +13.05 points |
| 1 to 10 BTC | +60.2% | +67.9% | +7.67 points |
| 0.1 to 1 BTC | +64.7% | +73.0% | +8.32 points |
| 0.01 to 0.1 BTC | +63.2% | +71.9% | +8.63 points |
Right now
All seven size groups are above their average buy price.
The 10 to 100 BTC group has the largest cushion, +195.4% on what it paid. The 100 to 1,000 BTC group has the smallest, +23.2%.
Read the spread
The same price leaves different holders in very different positions.
A group near its average buy price has less room before a paper gain becomes a loss. The ladder shows that difference; the profit waves show how those cushions grew or shrank together. Switch to “Groups in profit” to see how widely gains were shared.
What the coins are worth
The same coins, valued at Bitcoin’s daily close of $83,565 on 30 Sep 2026.
held by the 100+ BTC groups20,305 addresses
held by the 1 to 100 BTC groups951,361 addresses
held by the under-1 BTC groups11,752,199 addresses
This moves with the market every day, even when no coins move. It is a dollar readout, not a change in who owns what.
What it means
The higher Bitcoin’s price climbs, the more size groups sit above what they paid, so in a strong market most of the ladder is orange. The rows worth watching are the exceptions: a group below its average buy price bought, on average, above the latest price.
Right now every size of holder is above what they paid. Whether the smallest holders or the largest are furthest ahead shifts across the years. The waves follow each group’s gain or loss, and the second tab counts how many groups were in profit each day. This describes where each group stands, not what comes next.
For you
Size tells you how much an address holds, not how long its owner has held.
A small wallet is not necessarily a new buyer, and a large address may hold Bitcoin for many people. Use the groups to compare positions, without assuming who is behind them.
Understanding
Bitcoin Unrealized Profit and Loss by Wallet Size
Where it stands today
All seven size groups are above their average buy price as of .
What does this page compare?
Sort every Bitcoin address by how much it holds, then ask whether each size group is in profit. This page compares seven groups by their average buy price and today's price. It is not a total address count or an overview of how Bitcoin is split by balance size.
What does each row measure?
Addresses are grouped by the amount of Bitcoin they hold. Each row’s average buy price values the group’s coins at the price when they last moved. The paper gain or loss compares Bitcoin’s daily price with that average.
How do I read the waves?
Each row has its own zero line. Wave height measures the group’s paper return: Bitcoin’s price divided by its average buy price, minus one. A 100% gain means the price is twice the average buy price. All seven rows share the same percentage scale for the dates on screen, so the same height is the same gain in every row. The waves are not stacked or added together.
What does the second chart count?
On each date the chart counts the size groups whose average buy price is below Bitcoin’s price. There are seven possible groups, and each counts once, however much Bitcoin it holds. This is not the share of coins or people in profit. The higher Bitcoin’s price climbs, the more groups sit above their average buy price, so the line rises when the price climbs hard and falls after deep drops: a plain read on how widely the profit is shared.
Where do size and profit meet?
This is where two ideas meet. One is size: the smallest balances up to the very largest. The other is profit: above or below what they paid. Put them together and you can see, for instance, the largest holders barely in profit while a mid-sized group sits deep in the green, or a single group underwater while the rest are comfortably up.
Is an address a person?
Remember that an address is not a person. One person can hold many addresses, and a single exchange can hold the coins of millions of customers in a few. Coins that are lost forever still count. So read each row as a group of addresses of that size, never a headcount of owners, and read each average buy price as exactly that, an average with plenty of spread inside the group.
Does a transfer reveal the real purchase price?
Not always. Each group’s average buy price is the price its coins last moved at, weighted by how much moved. A person can move coins between their own addresses without buying or selling, so the last-move price is a consistent estimate, not an individual purchase receipt.
Why do the rows show different gains?
Each size group holds a different mix of coins that last moved at different prices. The rows are ordered by holding size, rather than sorted by profit, so the same group is easy to find every time.
The numbers
behind the chart
What does the current reading show?
Bitcoin’s daily close on 30 Sep 2026 was $83,564.70. All seven size groups are above their average buy price.
The smallest paper gain is +23.19%, for holdings of 100 to 1,000 BTC. The largest is +195.40%, for holdings of 10 to 100 BTC. Each compares Bitcoin’s price with the group’s average buy price.
The count of groups in profit treats each group equally. It is not weighted by the number of addresses or the amount of Bitcoin a group holds.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| 10,000+ BTC | +44.4% | +602.1% | −56.9% |
| 1,000 to 10,000 BTC | +33.6% | +474.5% | −51.5% |
| 100 to 1,000 BTC | +23.2% | +373.8% | −51.4% |
| 10 to 100 BTC | +195.4% | +846.7% | −11.2% |
| 1 to 10 BTC | +67.9% | +287.7% | −58.7% |
| 0.1 to 1 BTC | +73.0% | +281.2% | −57.9% |
| 0.01 to 0.1 BTC | +71.9% | +537.9% | −54.8% |
| Groups in profit | 7 | 7 | 0 |
How do the readings compare with earlier dates?
| Reference date | 10,000+ BTC | 1,000 to 10,000 BTC | 100 to 1,000 BTC | 10 to 100 BTC | 1 to 10 BTC | 0.1 to 1 BTC | 0.01 to 0.1 BTC | Groups in profit |
|---|---|---|---|---|---|---|---|---|
| 1 month ago | +36.9% | +27.5% | +16.9% | +182.4% | +60.2% | +64.6% | +63.2% | 7 |
| 3 months ago | +1.5% | −5.3% | −13.3% | +109.5% | +19.2% | +21.8% | +20.6% | 5 |
| 6 months ago | +13.5% | +5.8% | −3.6% | +138.2% | +36.3% | +39.4% | +38.2% | 6 |
| 1 year ago | +81.8% | +89.6% | +62.4% | +295.4% | +139.1% | +145.7% | +145.8% | 7 |
| 2 years ago | +49.5% | +78.7% | +78.4% | +255.6% | +104.6% | +103.4% | +98.0% | 7 |
What were the groups’ paper gains or losses at each month’s end?
| Reading date | 10,000+ BTC | 1,000 to 10,000 BTC | 100 to 1,000 BTC | 10 to 100 BTC | 1 to 10 BTC | 0.1 to 1 BTC | 0.01 to 0.1 BTC | Groups in profit |
|---|---|---|---|---|---|---|---|---|
| +37.0% | +27.5% | +17.0% | +182.4% | +60.2% | +64.7% | +63.2% | 7 | |
| +10.8% | +2.4% | −5.9% | +127.7% | +29.1% | +32.0% | +30.6% | 6 | |
| +1.5% | −5.3% | −13.3% | +109.5% | +19.2% | +21.8% | +20.6% | 5 | |
| +26.4% | +17.3% | +7.6% | +161.7% | +49.9% | +53.5% | +52.0% | 7 | |
| +30.3% | +20.9% | +10.1% | +171.0% | +55.0% | +58.7% | +57.1% | 7 | |
| +16.0% | +8.3% | −1.4% | +143.8% | +39.4% | +42.6% | +41.4% | 6 | |
| +12.4% | +5.1% | −4.1% | +137.8% | +36.2% | +39.6% | +38.5% | 6 | |
| +28.8% | +19.1% | +10.0% | +172.4% | +58.3% | +62.6% | +61.6% | 7 | |
| +38.9% | +33.3% | +21.2% | +205.3% | +77.1% | +81.9% | +81.0% | 7 | |
| +40.3% | +39.9% | +25.4% | +212.8% | +85.0% | +90.6% | +90.1% | 7 | |
| +70.5% | +75.7% | +50.3% | +272.0% | +124.2% | +131.3% | +130.4% | 7 | |
| +81.8% | +89.6% | +62.4% | +295.4% | +139.1% | +145.7% | +145.8% | 7 | |
| +72.2% | +85.5% | +60.4% | +286.3% | +133.3% | +139.1% | +138.3% | 7 | |
| +90.6% | +101.7% | +76.6% | +324.9% | +157.5% | +162.6% | +162.7% | 7 | |
| +94.0% | +98.2% | +72.9% | +309.2% | +147.8% | +152.5% | +152.1% | 7 | |
| +94.2% | +99.9% | +74.5% | +322.6% | +148.3% | +152.6% | +152.6% | 7 | |
| +80.3% | +88.2% | +68.3% | +294.0% | +130.9% | +135.6% | +134.5% | 7 | |
| +56.5% | +68.5% | +50.2% | +249.5% | +104.2% | +108.5% | +107.5% | 7 | |
| +60.3% | +74.9% | +53.7% | +259.8% | +112.0% | +116.1% | +114.8% | 7 | |
| +96.2% | +113.5% | +89.9% | +346.7% | +165.4% | +169.4% | +167.2% | 7 | |
| +80.9% | +103.9% | +82.6% | +334.3% | +154.5% | +157.3% | +156.1% | 7 | |
| +99.3% | +131.6% | +122.5% | +387.3% | +182.9% | +183.6% | +177.9% | 7 | |
| +61.5% | +88.8% | +87.8% | +283.6% | +122.2% | +121.0% | +115.9% | 7 | |
| +49.5% | +78.7% | +78.4% | +255.6% | +104.6% | +103.4% | +98.0% | 7 |
Source: Maketo’s daily record of what each size of holding paid, set against Bitcoin’s daily price. Reading for .