STH Realized Price

Definition ∞ STH Realized Price, or Short-Term Holder Realized Price, represents the average price at which Bitcoin or other digital assets were last moved on-chain by short-term holders. Short-term holders are typically defined as entities holding coins for less than 155 days. This metric provides insight into the aggregate cost basis of this specific investor cohort. It helps identify periods when short-term holders are collectively in profit or loss.
Context ∞ The STH Realized Price is an important on-chain metric frequently analyzed in cryptocurrency news to gauge the market sentiment and behavior of newer investors. When the market price falls below the STH Realized Price, it indicates that short-term holders are, on average, experiencing losses, which can sometimes precede capitulation or market bottoms. Conversely, holding above this level suggests profitability for this group and can signal market strength.

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→True Market Mean

→Bitcoin Price Range

→Options Positioning

Massive Realized Losses Confirm Recent Buyer Capitulation and Weak Demand

The spike in daily realized losses confirms recent buyers are exiting at a loss, signaling extreme structural weakness and fading market demand.

A close-up reveals the intricate metallic components of a high-performance blockchain architecture unit, bathed in deep blue light. This node infrastructure showcases complex cryptographic hashing mechanisms essential for distributed ledger technology DLT. The precise engineering suggests a secure enclave for ensuring transaction finality and robust digital asset security. Such hardware is critical for proof-of-stake PoS validator operations, facilitating smart contract execution within decentralized autonomous organization DAO mechanics and the broader Web3 infrastructure.

→Dynamic Support

→Investor Cost Basis

→Price Stability

Recent Buyer Cost Basis Confirms Critical Bitcoin Price Support

The average purchase price for new investors is now acting as a structural floor; holding this level confirms market strength for the next rally.

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→Low Risk Consolidation

→Bitcoin Price Correction

→Short-Term Holder Capitulation

Recent Bitcoin Price Drop Confirms Short-Term Investor Capitulation Is Complete

The sharp price drop forced new investors to sell at a loss, successfully clearing market leverage and establishing a new structural price floor.

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→Key Price Threshold

→STH Realized Price

→On-Chain Cost Basis

Bitcoin Must Reclaim $111,900 to Escape the Current Mild Bearish Range

Recent buyers are underwater, confirming a low-conviction market where the average new investor is selling at a loss.

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→Bitcoin Market Cycle

→Cyclical Lows

→Network Transfer Volume

Short-Term Investor Activity Signals Market Detox and Price Foundation

Recent buyers are transacting at break-even prices, confirming a "market detox" that historically precedes stronger price rallies.

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→Short-Term Holders

→Non-Capitulation

→Accumulation Zone

Recent Bitcoin Buyers Hold Firm at $98,700 Cost Basis

Recent buyers held the line at their average cost of $98,700, preventing a panic cascade and confirming strong market support.