{"id":12985,"date":"2026-09-09T07:12:29","date_gmt":"2026-09-09T07:12:29","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=12985"},"modified":"2026-09-09T07:12:29","modified_gmt":"2026-09-09T07:12:29","slug":"bitcoin-whales-hold-record-9b-in-unrealised-profits-as-key-support-comes-into-focus","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=12985","title":{"rendered":"Bitcoin Whales Hold Record $9B in Unrealised Profits as Key Support Comes Into Focus"},"content":{"rendered":"

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  • Short-term-holder whales\u2019 unrealised profit reached a record US$9.07 billion (AU$12.61 billion) on September 4, according to CryptoQuant, the highest since its tracking began in 2016.<\/span><\/li>\n
  • The reading eased to US$7.51 billion (AU$10.44 billion) by September 5 but still ranked among the five highest on record, all set in the past two weeks.<\/span><\/li>\n
  • CryptoQuant said the cohort is historically the quickest to take profit, leaving a record paper gain that could pressure Bitcoin\u2019s floor if the price turns.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Short-term Bitcoin holders with whale-sized wallets were sitting on a record US$9.07 billion (AU$12.61 billion) in unrealised profit on September 4, according to CryptoQuant, the highest reading since the on-chain analytics firm began tracking the metric in 2016.<\/p>\n

    The paper gain eased to US$7.51 billion (AU$10.44 billion) by September 5 as Bitcoin slipped, though that print still ranked among the five highest on record, all set in the past two weeks.<\/p>\n

    Read more: RBA Opens Settlement System to Tokenised Finance, Rules Out Retail CBDC<\/strong><\/p>\n

    A Cohort Quick to Sell<\/h2>\n

    CryptoQuant, which calls the gauge short-term holder whale unrealized profit and loss, defines the group as large wallets holding coins bought within the last several months. Unrealised profit is a paper figure that turns into cash only if holders sell.<\/p>\n

    \u201cA cohort sitting on a record paper gain can turn into sellers the moment price wobbles, and STH whales are historically the fastest to take profit when it\u2019s available\u201d, CryptoQuant said in a September 7 note.<\/p>\n

    Earlier in the cycle, more than 2.8 million BTC held by short-term investors fell underwater after a price drop, and large holders have taken profit into past pullbacks.<\/p>\n

    CryptoQuant tied the record to Bitcoin\u2019s price floor. \u201cThe cost basis structure argues the floor under this rally is real, but the unrealized gain sitting on top of it argues that same floor is now being tested by its own success\u201d, the firm said.<\/p>\n

    A separate CryptoQuant analysis took the opposite view, arguing that large holders still consider Bitcoin too cheap to sell. It pointed to declining inflows to exchanges and a falling whale ratio, a measure of how much of exchange inflows comes from large wallets, as signs that selling pressure remains muted.<\/p>\n

    The cost basis CryptoQuant refers to is the average price the cohort paid, which sits below the current market.\u00a0<\/p>\n

    Stretches of widespread holder profit have lined up with local price peaks earlier in the cycle. The firm named no support level and forecast no move, presenting the record as a stress point the market has not yet had to absorb.<\/p>\n

    Read more: ASIC\u2019s Crypto Crackdown Countdown: Sept. 30 Deadline Looms<\/strong><\/p>\n<\/p><\/div>\n

    Bitcoin,Whale#Bitcoin #Whales #Hold #Record #Unrealised #Profits #Key #Support #Focus1788937949<\/p>\n","protected":false},"excerpt":{"rendered":"

    Short-term-holder whales\u2019 unrealised profit reached a record US$9.07 billion (AU$12.61 billion) on September 4, according to CryptoQuant, the highest since its tracking began in 2016. The reading eased to US$7.51 billion (AU$10.44 billion) by September 5 but still ranked among the five highest on record, all set in the past two weeks. CryptoQuant said the<\/p>\n","protected":false},"author":1,"featured_media":12986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[91,170,1813,1562,3944,245,155,2543,2289],"class_list":["post-12985","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-bitcoin","tag-focus","tag-hold","tag-key","tag-profits","tag-record","tag-support","tag-unrealised","tag-whales"],"yoast_head":"\nBitcoin Whales Hold Record $9B in Unrealised Profits as Key Support Comes Into Focus - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=12985\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Whales Hold Record $9B in Unrealised Profits as Key Support Comes Into Focus\" \/>\n<meta property=\"og:description\" content=\"Short-term-holder whales\u2019 unrealised profit reached a record US$9.07 billion (AU$12.61 billion) on September 4, according to CryptoQuant, the highest since its tracking began in 2016. 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