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Realized market capitalization trends
Today, we provide a detailed breakdown of the realized market capitalization. Traditional asset classes and Bitcoin itself are often quoted in terms of market capitalization. Market capitalization is calculated by finding the product of price and cyclic supply. With Bitcoin and a completely transparent set of ownership, you can calculate the realized market capitalization. It evaluates each supply unit at the price last moved on the network.
Bitcoin’s market capitalization is one of the best ways to quantify the asset monetization process, as the infamous volatility of the asset appears to be occurring only upwards. Exchange rate fluctuations are not as volatile as the gradual and sudden rise in the realized market value of an asset.
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Bitcoin’s market capitalization is one of the best ways to quantify the asset monetization process, as the infamous volatility of the asset appears to be occurring only upwards. Exchange rate fluctuations are not as volatile as the gradual and sudden rise in the realized market value of an asset.
Bitcoin has achieved market capitalization drawdown since 2012
Currently, Bitcoin has a realization limit of $ 467 billion, a record high of only 0.20% off. Despite falling more than 50% from its November highs, Bitcoin’s realized market value has fallen by only 2.62% from peak to trough.
look carefully Bitcoin has achieved a market capitalization drawdown since December 2019
A thread Written in December 2021, it covers this dynamic extensively, citing realized price patterns during the Bitcoin market cycle.
Realized capital can also be split into various cohorts, including long-term and short-term holders. On the surface, we see the biggest drawdown of capitalization achieved by long-term holders in the history of Bitcoin.
The supply of long-term holders has been fairly neutral since the beginning of the year, increasing by 0.6% as the group continues to accumulate and the coins age, but the data show that there was also a lot of sales. Long-term holders have achieved capitalization and lower realization prices as higher cost-based coins are sold. This lowers the overall average cost base, down 11.49% over the last 30 days.
Long-term bitcoin holder Realization of market capitalization drawdown after 2012
Long-term bitcoin holder Realization of market capitalization drawdown after January 2020
30-day percentage change in Bitcoin realization price of lLong-term holder.
This data and the process it causes Long-term holders are quantifiedThe class of 2021 holders, who recently aged in the cohort, is a transfer of holdings.
Re-accumulation has been the base case since the start of the first quarter of 2022, and the status of these indicators continues to support the market outlook despite the recent rise in selling pressure on long-term holders.
