Realized cap distribution shows the value of different groups of coins based on when they last moved. This on-chain metric provides a granular view of the aggregate value of cryptocurrencies, segmented by the time at which those coins last moved on the blockchain. It helps analysts understand the profit or loss status of different investor cohorts by valuing each coin at the price it was acquired or last transacted. The distribution reveals significant insights into market sentiment, investor holding periods, and potential selling pressure across various price levels.
Context
Crypto news and market analysis often reference realized cap distribution to explain long-term holder behavior and predict potential market shifts. Significant changes in this distribution can signal shifts from accumulation phases to distribution phases, offering clues about market cycles. Further development of on-chain analytics tools will likely provide even more sophisticated interpretations of realized cap distribution for market participants, enhancing predictive capabilities.
The vast majority of Bitcoin's capital base is now concentrated in high-value wallets, confirming institutional dominance and structural supply strength.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.