Bitcoin’s Realized Price represents the average acquisition cost of investors, effectively serving as a cost basis or break-even level.
Among all investor groups, Short-Term Holders (STH)—those who’ve held Bitcoin for less than six months—are the most reactive to market changes. That’s why it's important to keep a close eye on STH Realized Price during periods of volatility.
✅ Currently, Bitcoin is trading about -7% below its $111K all-time high. It's hovering near the $103.3K Realized Price for 1W–1M holders, but buying strength at this level appears somewhat weak.
One of the most important levels to monitor is the weighted average STH Cost Basis at $96.1K, calculated by factoring in Realized Cap proportions. Notably, this zone also served as a consolidation area during late 2024 and again in April 2025, where trading activity was heavily concentrated.
🧐 If the market experiences a deeper correction, it will be crucial to watch whether the $96K–$97K range can hold as solid support. A breakdown below this level could trigger broader risk-off sentiment among short-term investors.
Written by Yonsei_dent
