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.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
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