On-chain data shows that Bitcoin short-term holders have participated in buying recently despite the price briefly dropping below their cost basis. Bitcoin Has Rebounded Back Above Short-Term Holder Realized Price As pointed out by an analyst in a CryptoQuant post, the BTC price had recently fallen below the realized price of the short-term holders. The “realized price” here refers to a metric that’s derived from the “realized cap.” The realized cap is a popular capitalization model for Bitcoin that assumes that the true value of each coin in circulation is not the current spot price, but the price at which
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Author: coinmaker