Bitcoin Short-Term Holder Supply

Are recent buyers selling?

Bitcoin held for less than a year, the part of the market that usually moves fastest.

Share of all Bitcoin that moved within the last year

5,385 daily readings since 2012

The percentage of all Bitcoin that moved within the last year. It swells when extended uptrends pull in fresh money, and shrinks as those coins settle into patient hands.

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Bitcoin Short-Term Holder Supply: the chart’s readings on two dates
MeasureChange
Moved within a year37.53%36.72%−0.81 points
28 Sep 2026: Moved within a year 36.7%.

Right now

Recent buyers are settling in.

The share of all Bitcoin moved within the past year shrank by 0.81 percentage points since 28 Aug 2026, to 36.72%. Coins are maturing into patient hands rather than being sold.

In recent hands

Recent buyers hold 36.72% of all Bitcoin: every coin that moved within the past year.

  • Moved within a year0.81 percentage points less than on 28 Aug 2026.36.72%
  • Moved within a monthThe freshest slice, the most active coins of all.6.56%
  • Held a year or longerEverything that hasn’t moved in over a year.63.28%

Coins held

Recent buyers hold 7.38M BTC, 157,578 BTC fewer than on 28 Aug 2026.

Every coin that moves joins this group, and every coin that then sits still for a year leaves it.

Profit and loss

Profit outweighed losses: on 28 Sep 2026, coins from recent buyers locked in $638.32M of profit and gave up $319.86M in losses.

  • Profit locked in$638.32M
  • Losses given up$319.86M

Recent buyers sit closest to their own buy price, so this balance flips fast when the market turns. The typical recent coin that moved went for 1.0041× what its owner paid.

See the profit and losses of every coin age

Coins moved

On 28 Sep 2026, 939,186 BTC from recent buyers changed address.

Recent coins move constantly. This is the market’s churn, not one big seller. Moving is not the same as selling: exchanges, wallets and payment shuffles all count. What matters is the trend. When recent coins move less and less, fresh money is settling in.

See how much of each age moved

How fresh the recent money isNormal fresh movement

Fresh coins, Bitcoin that moved in the last month, make up 6.56% of all Bitcoin. That is 1.53 percentage points less than on 28 Aug 2026.

  • Moved in the last week 3.3%
  • Moved 1 week to 1 month ago 3.3%
Each part is a share of all Bitcoin.

When this number jumps, more Bitcoin is actively changing hands. When it falls, even recent buyers are settling in.

See every age band

What it means

Recent buyers are settling in. Fresh coins are maturing instead of being sold.

Recent buyers hold 36.72% of all Bitcoin, and that share is shrinking (−0.81 points this month). Coins bought in the past year are crossing into patient hands.

That's the healthiest thing fresh money can do: every coin that settles in is one less coin waiting to be flipped.

Sustained stretches of this have historically built the supply squeeze that sets up the next climb, quietly, while nothing looks like it's happening.

What to watch from here

  • Recent buyers hold 36.72% of all Bitcoin (−0.81 points this month). Coins are settling into patient hands.
  • The freshest slice (moved within a month) is 6.56%. Watch it for the first sign of churn picking back up.
  • Sustained settling has historically preceded supply squeezes, the quiet build-up phase.

Understanding
Bitcoin Short-Term Holder Supply

Where it stands today

Bitcoin Short-Term Holder Supply is 37% held under a year as of .

Who counts as a recent buyer?

Coins that last moved within the past year are mostly in the hands of recent buyers, the most reactive part of the market, quick to add and quick to sell.

What does a fast-growing share mean?

When this share grows fast while price is flat or falling, a lot of jumpy supply is building up that could be sold at the first scare.

What does a shrinking share mean?

When it shrinks, those coins are aging into steadier hands, patient owners absorbing what recent buyers let go. That has usually been a calmer, healthier setup.

What are fresh coins?

The freshest slice, coins moved in just the last month, is broken out on the page as “Fresh coins.” When it spikes, a lot of Bitcoin is actively changing hands right now.

The numbers
behind the chart

What does the current reading show?

Moved within a year: the latest reading is 36.72%, on . The highest reading since is 69.91% on ; the lowest is 29.46% on .

Coins held: the latest reading is 7,376,474 BTC, on . The highest reading since is 10,089,090 BTC on ; the lowest is 5,204,078 BTC on .

Profit locked in: the latest reading is $638.32M, on . The highest reading since is $8.88B on ; the lowest is $3.37K on .

Losses given up: the latest reading is $319.86M, on . The highest reading since is $5.84B on ; the lowest is $2.95K on .

Coins moved: the latest reading is 939,186 BTC, on . The highest reading since is 67,347,226 BTC on ; the lowest is 251,310 BTC on .

Moved within a year is recorded daily from 1 Jan 2012. The coins held, the profit and loss and the coins moved are recorded daily from 1 Jan 2012. Profit, losses and coins moved are each day’s totals. Month-end values use the last reading on or before that date. A transfer records movement, not necessarily a sale.

What are the latest, highest and lowest readings?
Bitcoin Short-Term Holder Supply, the chart’s daily readings: range since 1 Jan 2012
MeasureLatestHighestLowest
Moved within a year36.72%69.91%29.46%
Coins held7,376,474 BTC10,089,090 BTC5,204,078 BTC
Profit locked in$638.32M$8.88B$3.37K
Losses given up$319.86M$5.84B$2.95K
Coins moved939,186 BTC67,347,226 BTC251,310 BTC
How do the readings compare with earlier dates?
Bitcoin Short-Term Holder Supply, the chart’s daily readings: earlier readings
Reference dateMoved within a yearCoins heldProfit locked inLosses given upCoins moved
1 month ago37.53%7,534,052 BTC$628.37M$483.65M1,079,410 BTC
3 months ago38.41%7,701,185 BTC$16.35M$212.05M534,366 BTC
6 months ago40.43%8,089,856 BTC$48.99M$377.59M489,513 BTC
1 year ago39.18%7,808,426 BTC$116.79M$87.51M451,361 BTC
2 years ago34.36%6,788,818 BTC$442.27M$32.79M459,250 BTC
What was the reading at each month’s end?
Bitcoin Short-Term Holder Supply, the chart’s daily readings: 24 month-end readings
Reading dateMoved within a yearCoins heldProfit locked inLosses given upCoins moved
37.32%7,493,503 BTC$518.88M$210.33M1,049,732 BTC
37.56%7,535,964 BTC$67.46M$943.02M1,026,194 BTC
38.33%7,685,355 BTC$27.95M$1.34B1,128,999 BTC
39.33%7,881,501 BTC$47.71M$109.28M585,164 BTC
40.16%8,041,519 BTC$192.14M$507.46M830,415 BTC
40.41%8,086,289 BTC$162.76M$622.33M750,735 BTC
40.68%8,134,256 BTC$128.31M$346.71M566,773 BTC
40.78%8,148,371 BTC$44.29M$1.19B907,346 BTC
40.83%8,153,776 BTC$131.90M$884.64M959,471 BTC
41.48%8,278,558 BTC$79.78M$328.36M607,272 BTC
39.01%7,779,295 BTC$461.39M$550.55M828,372 BTC
39.24%7,819,599 BTC$716.66M$146.48M762,969 BTC
38.92%7,751,457 BTC$96.41M$246.22M499,415 BTC
38.6%7,681,932 BTC$490.67M$100.43M572,566 BTC
37.81%7,518,485 BTC$574.94M$55.34M606,143 BTC
37.9%7,530,854 BTC$113.60M$205.72M417,037 BTC
36.8%7,308,262 BTC$509.07M$109.27M651,741 BTC
36.51%7,246,123 BTC$104.57M$688.52M710,653 BTC
37.94%7,524,143 BTC$400.92M$1.63B949,365 BTC
38.07%7,544,684 BTC$828.44M$199.97M700,833 BTC
37.9%7,506,013 BTC$1.01B$552.84M809,045 BTC
36.84%7,290,322 BTC$421.49M$65.98M467,394 BTC
35.58%7,035,364 BTC$536.53M$146.47M834,838 BTC
34.36%6,790,326 BTC$214.72M$300.32M981,370 BTC

Source: Maketo’s daily record of how long every coin has sat still, and of what the coins on each side of the one-year line did when they moved. Reading for .

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