Behavioural shift as Bitcoin holders in aggregate no longer underwater

2023-1-30 15:25

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)

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