{
  "id": 3492850,
  "title": "Supply absorption ‘key question’ as Bitcoin fails to reclaim $80K: Analysis",
  "url": "https://urgent.news/2026/08/26/supply-absorption-key-question-as-bitcoin-fails-to-reclaim-80k",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T10:49:26.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/supply-absorption-key-question-as-bitcoin-fails-to-reclaim-80k-analysis"
  },
  "original_language": "en",
  "account": "Bitcoin's struggle to reclaim the $80,000 level has raised questions about whether new demand can absorb the selling from holders who are now profit-taking. Older investors, with coins held for longer periods, have shown increased on-chain activity as the price surged more than 25% in a week. The spent output profit ratio (SOPR) for older coins has risen to 1.48, indicating greater on-chain activity among in-profit coins. The ratio of SOPR between short-term and long-term holders reached 1.4, the highest since July, suggesting long-term holders are realizing profits at a higher rate. However, the recent trend shows a decline in this ratio to 0.93, indicating stronger performance for short-term holders. With all holder cohorts now in profit, sustained buyer support is needed to overcome the hurdle and push Bitcoin above $80,000. The Coinbase premium, a measure of US investor demand, has turned positive, which could signal a shift in market dynamics if it remains elevated alongside Bitcoin's price recovery.",
  "summary": "Bitcoin struggled to establish support at $80,000 as investor cohorts all returned to net profitability.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}