Bitcoin Realized Prices Climb Across Cohorts, Signaling Continued Accumulation
Bitcoin’s on-chain metrics continue to strengthen, with all major cost basis models trending upward—pointing to persistent investor confidence and robust support levels across market segments.
According to Glassnode data, all three key realized price indicators—used to gauge the average acquisition cost of BTC—are firmly rising. This includes:
- Short-Term Holder (STH) Realized Price: Now at $106,000, typically acting as dynamic support during bull runs.
- Long-Term Holder (LTH) Realized Price: Standing at $36,500, reflecting older capital still holding firm.
- Aggregate Realized Price: Currently at $51,348, underscoring a higher average entry cost across the network.
The realized price metric reflects the price at which each unit of BTC was last moved on-chain, offering a more grounded view of investor sentiment than market price alone. Using coin age, the model separates short-term holders—those who acquired BTC within the last 155 days—and long-term holders, whose coins are statistically less likely to be spent.
While BTC briefly dropped to $111,000 over the weekend, it has since rebounded to around $114,000. The steady increase in realized prices across all categories suggests that investors are continuing to accumulate during price dips, reinforcing long-term conviction despite short-term volatility.
This broad-based cost basis uptrend adds weight to bullish on-chain narratives and provides an increasingly firm foundation of support as the market assesses macroeconomic and technical conditions.
