Bitcoin has experienced a steady flow of capital inflows in recent weeks, reflecting renewed interest from investors. This sustained accumulation of capital has driven its Realized Cap, calculated as:
RealizedCap=â(UTXO Purchase Price Ă Amount of BTC
This metric represents the total dollar value of all coins in circulation, based on the price at which they were last moved. It effectively captures the total investment accumulated by holders in the asset.
Today at 11:00 am, and for the third consecutive week, Bitcoin's Realized Cap has reached a new peak, hitting $890.742262 billion, setting a new all-time high in Bitcoin investment.
See chart
As we have been noting in recent weeks, investors continue their steady climb of Bitcoin accumulation, increasing their BTC holdings. This pattern reflects growing confidence among both Long-Term Holders (LTH) and Short-Term Holders (STH), who are strengthening their positions as the market shows signs of recovery. This trend could signal a potential significant upward movement in price, especially if the volume of investment continues to accelerate, as illustrated in the attached chart.
This new all-time high in Realized Cap not only reflects a surge in invested capital but also a growing conviction in Bitcoin's long-term potential as a financial asset. With sustained accumulation from both LTHs and STHs, the market appears to be building a solid foundation for a potentially significant price breakout. If this trend continues, we could be witnessing the early stages of a new bull cycle for Bitcoin.
See chart
Signed by Carmelo AlemĂĄn, Verified Analyst at CryptoQuant.
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Written by Carmelo_AlemĂĄn
