CoinVoice has recently learned that, according to CryptoQuant analysts, Bitcoin's realized capitalization has reached $882.228 billion, setting a new all-time high. This on-chain metric assesses the actual investment value by calculating the price at which each Bitcoin unit was last transferred on-chain, providing a more accurate measure of market sentiment than traditional market capitalization.

Analyst Carmelo Alemán pointed out that historical data shows that large-scale accumulation of realized capitalization often indicates a significant price increase for Bitcoin. Although prices have risen since April 9, there has not yet been a typical short-term explosive surge for Bitcoin. If the current accumulation trend continues, it may signal that Bitcoin is about to enter the next major market cycle. [Original link]