
Percent UTXOs in Profit divides the number of unspent outputs created at a lower BTC price than today’s by the total unspent output count. The underlying fraction is displayed as a percentage, weighting outputs equally rather than by their BTC value.
A high percentage means paper gains are spread across many output records; a low percentage means fewer outputs sit above their creation-price cost. The share fell to about 40.09% on June 30, 2026, compared with about 92.81% at the April 2024 halving, illustrating a large change in count-based profitability.
Changes in BTC price and in the mix of small and large outputs both matter. The measure does not reveal how large gains are or how many investors are profitable, and early zero readings before usable market prices should not be treated as a historical stress benchmark.
Divide UTXOs in Profit by Total UTXO Count for the same observation, then multiply by 100. A raw value of 0.77357 is displayed as 77.357%, not 0.77357%.
Each output has one vote in this measure, while supply in profit weights each output by the BTC it contains. Many tiny profitable outputs can therefore produce a high output share alongside a lower coin-weighted share.
No. It means fewer than half of the output records meet the profit condition. Large outputs could have a very different profitability profile, so the majority of BTC need not be at a loss.