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Kaspa Onchain Losses Cover Nearly 90% of Circulating Supply

A KasLens snapshot cited by CaptainAltcoin shows 25.06 billion KAS underwater against just 2.70 billion KAS in profit.

A KasLens snapshot cited by CaptainAltcoin shows 25.06 billion KAS underwater against just 2.70 billion KAS in profit. Kaspa (KAS) is trading at $0.0275, down 0.3% since this brief published. This is an original TLT brief based on reporting by CaptainAltcoin, with live market data added, as of Sun, 15 Nov 2026 23:45:03 UTC.

Why it matters

The loss snapshot puts Kaspa’s recent onchain performance in stark contrast to its broader crypto-market backdrop. It may affect sentiment around holders exposed below their entry levels even as KAS rebounds over the past 24 hours.

Key takeaways
  • 25.06 billion KAS reportedly sits at an unrealized loss.
  • Only 2.70 billion KAS is currently in profit.
  • Underwater holdings equal roughly 90% of circulating supply.
  • KAS rose 7.14% over 24 hours but remains down 2.92% over seven days.
The story so far · 2 briefs
  1. Kaspa Nears Its Issuance Cap as Supply Metric Surpasses Bitcoin
  2. Kaspa Onchain Losses Cover Nearly 90% of Circulating Supply — this brief

CaptainAltcoin, citing data from KasLens, reports that approximately 25.06 billion KAS is sitting at a loss while only 2.70 billion KAS is in profit. With Kaspa’s circulating supply estimated at 27.81 billion KAS, the underwater holdings represent roughly 90% of the available supply. No other outlet supplied coverage of the snapshot. The figures portray broad weakness among the Kaspa holdings tracked by KasLens, rather than a market in which gains and losses are evenly distributed. CaptainAltcoin also characterizes the condition as affecting a large majority of recently active onchain holders, although the supplied data provides the clearest metric through the reported loss and profit totals.

Kaspa is nevertheless showing a positive short-term market move. KAS trades at $0.02757058, up 7.14% over 24 hours, while its seven-day performance remains negative at 2.92%. Its market capitalization stands at $766.72 million, so the asset remains well below the scale of the wider crypto market.

The broader market context is also mixed: the total crypto market capitalization is $2.28 trillion, the overall market is broadly higher, and Bitcoin is up 2.97% over 24 hours. That backdrop contrasts with a Fear & Greed reading of 10, which places sentiment in Extreme Fear. The next onchain update would show whether Kaspa’s reported profit position expands or contracts as the market moves.

Market reaction since this brief Live

Since this brief published about 6 hours ago, Kaspa (KAS) has moved from $0.0276 to $0.0275 — -0.34%.

$0.0275$0.0275$0.0275$0.0276$0.0276 published · $0.0276 now · $0.0275 (-0.34%) Nov 15 17:19 UTC Nov 15 23:45 UTC
BeforeSince publishPublished · $0.0276

The chart plots KAS's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 KAS ≈ ₦38.82 (about $0.0275), up 5.2% over 24 hours. The naira itself trades about 4.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#80
$0.0275 ▲ 5.20%
-0.34% since this brief published
7d -2.92%MCap $764.15MFull KAS data →
The market when this published · November 15, 2026
Total market cap$2.28T
Bitcoin 24h+2.97%
Ethereum 24h+5.28%
BTC dominance57.7%
Fear & Greed10 · Extreme Fear

Kaspa Onchain Losses Cover Nearly 90% of Circulating Supply — questions & answers

How many Kaspa coins are reportedly underwater?

CaptainAltcoin cites KasLens data showing approximately 25.06 billion KAS at a loss, compared with 2.70 billion KAS in profit.

What share of Kaspa’s circulating supply is underwater?

The 25.06 billion KAS reported at a loss equals roughly 90% of the cited circulating supply of 27.81 billion KAS.

How is KAS performing despite the reported losses?

KAS is up 7.14% over 24 hours at $0.02757058, but it remains down 2.92% over seven days.

How much is 1 Kaspa worth in naira today?

About ₦38.82 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.0275. The naira price moves with both KAS's US-dollar price and the USDT/NGN rate; use our Kaspa in naira page for any amount.

Has Kaspa's price moved since this brief was published?

KAS is down 0.34% since this brief first published — trading at $0.0275 now versus $0.0276 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 15, 2026 ⛓ Timestamped at Bitcoin block #976,029 sha256:fe4d0938f533380d
Based on reporting by CaptainAltcoin — this is an original TLT summary with live market data, not the original article.CaptainAltcoin · Nov 15 17:19 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.