meaning
You can monitor the average price at which coins are withdrawn from all exchanges as a tool for estimating the overall market cost base. In this chart, we consider the average withdrawal price for cohorts established by date, starting on his January 1st for the following cohorts.
quick take
Bitcoin is currently above its realization price every year except 2021. Investors have secured some profits over the past few years, which is encouraging for participants.
- Total: $11,173
- 2017 onwards: $15,267
- 2018 onwards: $18,698
- 2019 onwards: $21,863
- 2020 onwards: $26,413
- 2021 onwards: $36,465
- 2022 onwards: $26,225
- 2023 onwards: $22,394
A post first appeared on CryptoSlate stating that Bitcoin is now above its realization price every year except 2021.
