Bitcoin’s realized cap is now $43 billion above the 2017 all-time high
cointelegraph.com
Crypto market data aggregator Glassnode has published data indicating that Bitcoin’s (BTC) realized capitalization has increased by more than 50% since tagging its all-time high of $20,000 at the end of 2017. The realized capitalization metric measures the value of each BTC when it was last moved on-chain, which enables analysts to estimate the aggregate cost-basis of market participants.
Bitcoin’s current $190 billion market cap suggests that the BTC hodlers are presently enjoying an aggregate profit of 65%. Unlike Bitcoin, Ethereum’s (ETH) realized capitalization of $26.3 billion is still a long way from reclaiming its past highs — currently sitting 25% lower than its 2018 record of $35 billion.
Read in Full: cointelegraph.com