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Bitcoin On-Chain Key Price Distribution: Network-Wide Average Cost Basis at $55.9k

Bitcoin On-Chain Key Price Distribution: Network-Wide Average Cost Basis at $55.9k

BlockBeats News, February 1st, with Bitcoin falling to $78K, glassnode has updated the key on-chain Bitcoin price distribution as follows:

STH (Short-Term Holders) Cost Basis, reflecting the average holding price of recent months’ new buyer/traders: $95.4K;

Active Investment Amount, the current average holding cost of those truly “in the game”: $87.3K;

Realized Market Cap, focusing on the cost basis of secondary market actual traders: $80.5K;

Spot Price: $78.6K;

Transaction Price, representing the average cost basis of all coins in the entire network: $55.9K.

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