# Bitcoin (BTC) Buying Support Weakens as Holder Gains Fall to 8.1%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/42215
Published: 2026-10-28T01:39:46.000Z
Updated: 2026-10-28T01:39:46.000Z
Section: Investing

> Coinbase’s Bitcoin price stayed below Binance’s from Oct. 1-25. Six of 10 indicators in a bull-market score remained bullish.

Bitcoin (BTC) demand signals weakened through late October, with an on-chain measure negative for 12 straight days and average paper gains for recent holders dropping to 8.1%. The readings add a new measure to [earlier signs of weak spot demand among short-term holders](<https://www.tokenpost.com/news/investing/35353>).

The demand measure remained below zero through Oct. 25. Coinbase’s Bitcoin price was lower than Binance’s throughout Oct. 1-25, a gap that pointed to comparatively weaker buying in the U.S. market.

Average unrealized gains for people who had held BTC for one to three months fell to 8.1% by Oct. 26, down from 33.4% on Sept. 22. The figure represents paper gains on holdings that have not been sold.

A bull-market score stood at 60, with six of its 10 indicators remaining bullish. The mixed readings describe a cooling market, but do not establish that Bitcoin has shifted into a bear market.



## Links in this article

- [earlier signs of weak spot demand among short-term holders](https://www.tokenpost.com/news/investing/35353)
