BITCOIN URPD · SUPPLY BY COST BASIS
Where did people buy their Bitcoin?
Every coin remembers the price it last changed hands at. Traced over the years, the walls of owners glow bright — where the most Bitcoin was bought, and how those walls moved as the price climbed.
Bitcoin supply walls over time
This view uses 5,706 observed dates from Jan 1, 2011 to Aug 15, 2026. Each date has 20 equal groups of Bitcoin between 21 price boundaries. Brighter areas mean the same-sized group fits inside a narrower price range. The white price line uses 5,705 dated readings in this view.
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Both controls stop only on observation dates already used by the chart.
Each column is one day and the vertical axis is price. Bright bands mark the prices where the most Bitcoin was sitting (walls of owners), and the pale line is the price itself over time. Pick a timeframe or drag across the chart to zoom into any stretch, and hover to read the price at your cursor.
What's the read right now?
Boxed in between two wallsBitcoin is trading between two thick blocks of owners: one from $59,526 to $62,942 just underneath, and one from $63,894 to $66,018 just overhead. Big moves in either direction have to get through people defending the prices they paid.
As of 2026-08-15, measured against a price of $63,056.
Where are the biggest walls?
$59.5K to $62.9KThickest wall below1M BTC last moved here, 2.9% under today's price$63.9K to $66KThickest wall above1M BTC last moved here, 3.0% over today's priceHow much Bitcoin is in profit?
The share of all Bitcoin that last moved below this page's price of $63,056, as of 2026-08-15. The supply-in-profit page measures the same question from the exact profit split, so the two can differ by about a point.
51.0% of all Bitcoin is worth more than its owner paid$52,662 the average price paid across every coinHow many coins were bought near today's price?
19.4%Bought within 10% of today's priceThese owners are close to breakeven, so they react fastest when the price moves.25.7%Bought within 20% of today's priceThe wider circle of owners whose gain or loss is still small either way.What would change this read?
These walls move slowly. When the price pushes through a thick band and holds there, the coins inside it gradually change hands and the wall rebuilds around the new price. A wall that thins out without the price moving means those owners gave up and sold along the way.
Each bar holds exactly 5% of all Bitcoin, so this chart shows where owners are packed tightest, not exact prices. Watch the walls nearest today's price: they are where the next move meets the most owners.
Understanding Bitcoin URPD (Supply by Cost Basis)
Every Bitcoin on the blockchain carries a record of the price it last moved at, which is a good stand-in for what its current owner paid. Line all the coins up by that price and you get a map of where today's owners actually bought. Analysts call it a UTXO Realized Price Distribution, or URPD.
This view shows that map for every day at once. Each column is one day, the up-and-down axis is price, and the bright bands are the prices where the most Bitcoin was sitting — walls of owners. The pale line running through it is the price itself over time, so you can see the walls form as it climbs.
The walls matter because owners tend to defend the price they paid: people in profit often buy again if the price falls back to their cost, and people who waited underwater often sell the moment they break even. A bright band that has glowed steadily for years is a deep base of long-term owners; a fresh band building around today's price is where the current fight is happening.
Because each band groups a slice of the supply, this is a map of neighborhoods rather than exact addresses: it shows where owners are packed tightest, not a precise line. It updates every day as coins move and the bright bands slowly rebuild around new prices.