During the June 2026 market low, Bitcoin prices fluctuated between $58,500 and $70,000. On-chain data indicates that 51.4% to 55% of the circulating supply remained profitable at that time.
Wallets holding between 100 and 1,000 BTC maintained unrealized profits throughout the June drawdown and increased their holdings in subsequent months. Retail investors also avoided the mass capitulation seen in previous market cycles.
For the first time in tracked history, the Bitcoin price did not close below its realized price during the 2026 downturn. A report by VanEck noted a shift from initial losses to an accumulation phase among larger market participants.
By September and October 2026, Bitcoin prices reached the range of $80,000 to $87,000. In September, single-day profit realizations reached approximately 25,700 BTC, which may indicate potential market caution.
