Behavioural shift as Bitcoin holders in aggregate no longer underwater

Share This Post

Definition

  • Realized Price reflectes the aggregate price when each coin was last spent on-chain. Using Short- and Long-Term Holder cohorts, we can calculate the realized price to reflect the aggregate cost basis for each group.

Quick Take

  • Bitcoin has reclaimed multiple costs basis, short and long-term holder cost basis, and realized price.
  • Bitcoin has reclaimed its short-term holder costs basis ($18,900).
  • Bitcoin has also reclaimed its long-term holder cost basis ($22,300).
  • In addition, to reclaiming the realized price ($19,777).
  • This specific event has occurred three times in Bitcoin history.
Bitcoin, cost basis: (Source: Glassnode)
Bitcoin, cost basis: (Source: Glassnode)

The post Behavioural shift as Bitcoin holders in aggregate no longer underwater appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Cardano Gains Steam: ADA Sights More Growth After Breaking $0.8119

Cardano (ADA) is making waves in the crypto market, surging past the $08119 level in a bold display of bullish strength This breakout marks a significant turning point, signaling growing confidence

BTC and XRP Redefine Boundaries in US Crypto Regulation

BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets BTC and

XRP Set to Overtake BNB, Eyes on 35% Rally

The post XRP Set to Overtake BNB, Eyes on 35% Rally appeared first on Coinpedia Fintech News With notable gains in recent days, Ripple’s native token, XRP, has crossed the $15 level for the

Bitcoin’s Social Media Speculation Heats Up, What’s Driving The Hype?

With its strong upside movements to new all-time highs in the last few weeks, Bitcoin is once again dominating the general cryptocurrency landscape, triggering a huge frenzy among community members

Massive Ethereum Buying Spree – Taker Buy Volume hits $1.683B In One Hour

Ethereum surged over 10% yesterday, marking an impressive recovery alongside a very bullish day for the entire crypto market This surge has reignited investor optimism, especially as Ethereum

US Regulator Publishes Crypto Guide With Stark FOMO Reminder

The Financial Industry Regulatory Authority (FINRA)’s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing New Crypto Guidelines Highlight Key Challenges