Bitcoin’s realized price surpasses $30,000

Bitcoin’s realized price surpasses $30,000

Onchain Highlights
DEFINITION: Realized Price is the Realized Cap divided by the current supply.
Bitcoin’s realized price has reached new heights, breaking $30,000, driven by significant market activity and investor confidence. Bitcoin’s realized price indicates the average price at which all Bitcoin currently in circulation was last moved.
Realized Price: (Source: Glassnode)
In April, the realized price for short-term holders (STH) surged to over $57,547, marking a significant rise and reflecting the bullish sentiment among recent investors. This metric is crucial as it represents the ‘on-chain cost basis’ for coins moved within the last 155 days, showcasing how short-term holders are influencing the market by actively accumulating Bitcoin.
The divergence between short-term and long-term holder realized prices is also notable, with long-term holders (LTH) maintaining a lower average acquisition cost. This trend highlights the distinct strategies and market impacts of differen

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