Altcoin

Bull Market

Read

Surge

<h2 class="wp-block-heading" id="strong-in-brief-strong"><strong>In Brief</strong></h2>
<ul>
 <li>Only 5% of top 500 altcoins remain in profit, entering historic capitulation territory.<br></li>
 <li>Bitcoin drops 23% from ATH, matching previous cycle lows and pressuring short-term holders.<br></li>
 <li>$2.3B in long liquidations and negative Coinbase premium signal ongoing market weakness.</li>
</ul>
<p>Altcoin holders are under extreme pressure as only 5% of the top 500 altcoins remain in profit, according to Glassnode. Median altcoin profit supply has entered the historical capitulation zone, showing a sharp divergence from Bitcoin's more stable supply in profit.</p>
<p>Despite Bitcoin holding relatively higher profit levels, the divergence from altcoins has grown, signalling broader market stress. The BTC relative supply in profit remains above 60%, while altcoins have fallen below 20%, marking a rare <a href="https://coincu.com/bitcoin/bitcoin-in-october-33b-in-lth-selling/" rel="noopener noreferrer nofollow">decoupling</a>.</p>
<figure class="wp-block-image aligncenter size-large">
 <img src="https://coincu.com/wp-content/uploads/2025/11/image-81-1024x525.jpeg" alt="">
 <figcaption>
  Top 500 Altcoins vs. BTC Supply In Profit | Source: glassnode
 </figcaption>
</figure>
<p>This contrast is intensifying as Bitcoin itself is now down 23% from its all-time high, mirroring April 2025's correction, CryptoQuant reports. The ongoing drawdown has reached -23%, close to prior major corrections of -26% and -28% in September 2024 and May 2025, respectively.</p>
<figure class="wp-block-image aligncenter size-large">
 <img src="https://coincu.com/wp-content/uploads/2025/11/image-82-1024x576.jpeg" alt="">
 <figcaption>
  BTC Bull Market Correction Drawdowns | Source: CryptoQuant
 </figcaption>
</figure>
<p>However, this correction is impacting the market more severely, with Bitcoin’s supply in profit dropping to 69.5%, the lowest since October 2023. This drop suggests that short-term holders (STH) are facing one of the most challenging phases in the current cycle.</p>
<h2 class="wp-block-heading" id="strong-liquidations-surge-while-coinbase-premium-remains-deeply-negative-strong"><strong>Liquidations Surge While Coinbase Premium Remains Deeply Negative</strong></h2>
<p>Over $2.3 billion in long positions were <a href="https://coincu.com/analysis/btc-faces-233m-liquidation-threat/" rel="noopener noreferrer nofollow">liquidated</a> in the past week, Coinglass data shows. Although smaller than the $16 billion spike in October, the trend shows sustained trader exhaustion.</p>
<figure class="wp-block-image aligncenter size-full">
 <img src="https://coincu.com/wp-content/uploads/2025/11/image-80.jpeg" alt="">
 <figcaption>
  Total Liquidations Chart | Source: Coinglass
 </figcaption>
</figure>
<p>Adding to bearish pressure, Bitcoin’s Coinbase premium index remains negative, signalling persistent sell pressure from US-based investors. A prolonged negative premium suggests lack of institutional buy support and adds weight to the recent correction.</p>
<figure class="wp-block-image aligncenter size-large">
 <img src="https://coincu.com/wp-content/uploads/2025/11/image-178-1024x527.png" alt="">
 <figcaption>
  Coinbase Bitcoin Premium Index | Source: Coinglass
 </figcaption>
</figure>
<p>Meanwhile, CryptoQuant highlights that Bitcoin's 90-day supply in profit change is sharply negative, adding to signs of cyclical stress. Bitcoin’s price decline to around $95,000 further confirms sentiment deterioration, especially with no strong recovery signs.</p>
<p>Altcoins, already battered, now show signs of mass capitulation, while <a href="https://coincu.com/analysis/btc-eyes-96-8k-breakout-or-bull-trap/" rel="noopener noreferrer nofollow">Bitcoin</a> enters critical technical territory. Analysts urge close monitoring over the next few weeks as the market tests key thresholds across multiple metrics.</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow">&nbsp;this website</a>&nbsp;is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure> <a href="https://coincu.com/?p=378563" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Altcoin Profits Collapse as Bitcoin Hits Critical Market Stress

Table of Contents

Coincu

Other articles published on Nov 16, 2025

Join our free newsletter for daily crypto updates!