This metric, which calculates the total value of all coins based on their last on-chain movement, has reached an unprecedented level of over $892 billion.
Why It Matters Historically, surges in Bitcoin’s realized capitalization have been a reliable precursor to significant price rallies. As accumulation intensifies—especially at higher price levels—it signals strong investor conviction and a reduced likelihood of panic selling.
What Analysts Are Saying
CryptoQuant notes, “Large accumulations of realized capitalization have been mostly followed by considerable price increases in Bitcoin.
