Definition ∞ Realized value increase denotes a rise in the average price at which a cryptocurrency was last moved on-chain, indicating that a larger portion of the circulating supply is now held at a higher cost basis. This metric suggests that investors who acquired assets at lower prices have either held onto them or that new capital has entered the market at elevated levels. It often signals a general increase in the aggregate cost basis of all coins. This is a key on-chain indicator.
Context ∞ Realized value increase is a frequently analyzed on-chain metric used to gauge market sentiment and potential support levels for digital assets. News reports often interpret a significant increase as a sign of accumulating capital at higher price points, potentially strengthening market foundations. Conversely, a decline might suggest capitulation or profit-taking by longer-term holders.