Behavioural shift as Bitcoin holders in aggregate no longer underwater

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.

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