Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

$ 10 breakout or will Ozak AI surpass in 2025?

2025-05-24

The more deliberate buys $ 43,600,000,000 in American treasuries in alleged ‘stealth QE’ operation after China has abruptly dumped billions of bonds

2025-05-24

Technical analyst predicts the Bitcoin price that blows out the top of $ 325,000 – the timeline will shock you

2025-05-24
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    What is BNB chain Maxwell hardfork?

    2025-05-24

    Collect collaborations with Ecocreds to accelerate sustainability in chains

    2025-05-24

    Enjin Blockchain makes cross-chain stablecoin transfers possible with Hyperbridge

    2025-05-24

    Soonchain Partners with a decentralized calculation and AI -gaming

    2025-05-24

    Even launches a dedicated avalanche chain to strengthen the future of Fan-First music

    2025-05-24
  • NFT

    NFT -turnover drops to $ 129.8 million, Avalanche Sales Surge 200%

    2025-05-24

    Alchemy acquires NFT Launchpad Heymint to speed up the development of Smart Wallet

    2025-05-23

    Delorean launches a car marketplace on the chains with Patrick Stewart

    2025-05-23

    Beratone NFT Avatars are now live on OpenSea

    2025-05-23

    Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

    2025-05-22
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    ETH starts his climb to a milestone of $ 3K

    2025-05-24

    Hyperliquid’s market momentum pushes hype to new high

    2025-05-24

    According to economist and trader Alex Krüger, there is a new of all time for Bitcoin, but there is a catch

    2025-05-24

    Why the 50 EMA could contain the key

    2025-05-24

    Pi Network Token makes debut debut on Kraken with eternal futures with 20x leverage

    2025-05-24
  • Learn

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin holders show renewed confidence in the king’s coin
Bitcoin

Bitcoin holders show renewed confidence in the king’s coin

2023-10-01No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • Bitcoin’s 12-18 month UTXOs are not selling despite being close to the breakeven point.
  • The average BTC holder was making profits at the time of writing, while more optimism was evident.

Long term holders of Bitcoin [BTC] show unwavering faith in the coin as BTC maintained its value above $27,000 as the new month began. This conclusion was the result of the new high of the realized limit.


Read Bitcoins [BTC] Price prediction 2023-2024


Support for BTC

On October 1, Glassnode revealed that Bitcoin’s realized limit hit a 30-day high of $395.65 billion.

📈 #Bitcoin $BTC Realized Cap Just Reached a 1-Month High of $395,653,566,989.08

View statistics:https://t.co/C8JhD26mC1 pic.twitter.com/HXiL7C6TfH

— Glassnode Alerts (@glassnodealerts) October 1, 2023

The realized cap provides a macroeconomic view of the BTC price. This is done by calculating the value of each Unspent Transaction Output (UTXO) using the price when the coin last moved.

As a way of measuring the value of a coin, the increase in realized limit means that the majority of the last Bitcoins moved were acquired at lower prices.

Furthermore, the fact that the Bitcoin market cap is above the realized limit means that the market made a total profit despite some gains decline the past months. The confidence shown by long-term holders was also confirmed by on-chain analyst Lidja Jahollari.

To do this, Jahollari compared the current price of Bitcoin with the realized price. The realized price is calculated as the realized limit divided by the total coin supply.

This value obtained from the calculation can be interpreted as the average price that market participants paid for their coins. It can also act as a support price or resistance in the chain.

Bitcoin realized price

Source: CryptoQuant

The former is more positive than the latter

The analyst at the time published on CryptoQuant, the realized price of BTC’s 12-18 month UTXO was $26,950. She also added that the 6 to 12 month cohort was $20,600.

See also  "Orange Pilled" Kanye West Spotted Wearing Bitcoin Founder Satoshi Nakamoto Hat Following JPMorgan Debanking

In explaining both values, Jahollari noted that the 6- to 12-month cohort made much more gains in terms of profitability, as the first cohort was close to breakeven.

She wrote,

“The 12-18 month UTXO realized price indicates that holders have reached their average purchase price within this time frame. In contrast, the 6-12 Month UTXO Realized Price, lower than the market price, indicates profitability for this cohort.”

Another metric the analyst considered was the UTXO Age Bands of stock market inflows. This measure summarizes the behavior of long- and short-term holders in addition to the price action.

Bitcoin exchange inflow UTXO

Source: CryptoQuant

The above data shows that the UTXOs with a maturity of six to twelve months are actively making profits through transfers on exchanges. However, the 12 to 18 month group chose not to sell despite a long period of unrealized losses.


Is your portfolio green? look at the BTC profit calculator


Due to this behavior, Jahollari said that BTC valued at $26,950 may not resist its true value. Instead, it tended to be the chain support.

She concluded that,

“Given the limited inflows of Bitcoin from the 12-18 Months UTXO cohort into exchanges, indicating low selling pressure, this suggests that their realized price may not serve as a resistance level for the Bitcoin price. This implies that Bitcoin has room to rise and possibly surpass this level.”



Source link

Bitcoin Coin Confidence holders Kings renewed Show
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Technical analyst predicts the Bitcoin price that blows out the top of $ 325,000 – the timeline will shock you

2025-05-24

“If gold is the past and Bitcoin is the future, why …?” Peter Schiff asks banks

2025-05-24

Bitcoin achieved the profit at normal levels – BTC Upward Run to continue?

2025-05-24

Bitcoin’s Uptrend can focus on $ 114k – 2 important factors that support BTCs Rally

2025-05-24
Add A Comment

Comments are closed.

Top Posts

Floor price of the introduction of World App NFT rises sharply by 57% in 24 hours

2023-07-24

Solana’s ChatGPT tool provides advanced on-chain data

2023-04-27

Ethereum-based Altcoin Explodes 40% in 24 Hours as Crypto Whales Rapidly Accumulate: On-Chain Data

2023-10-10
Editors Picks

Assessment of the state of Aave and Compound after a year of ups and downs

2023-04-28

London Resident With $2,500,000,000 In Bitcoin Convicted Of Money Laundering: Report

2024-03-25

Potential US debt default could destroy crypto and stock markets, Bloomberg strategist warns

2023-05-17

How does USDT growth affect Bitcoin [BTC]? According to this data….

2023-05-14
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

$ 10 breakout or will Ozak AI surpass in 2025?

The more deliberate buys $ 43,600,000,000 in American treasuries in alleged ‘stealth QE’ operation after China has abruptly dumped billions of bonds

Technical analyst predicts the Bitcoin price that blows out the top of $ 325,000 – the timeline will shock you

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%
  • bitcoinBitcoin(BTC)$110,422.60-0.12%
  • ethereumEthereum(ETH)$2,651.881.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.420.78%
  • binancecoinBNB(BNB)$683.320.50%
  • solanaSolana(SOL)$180.372.50%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2425701.84%
  • cardanoCardano(ADA)$0.812.40%
  • tronTRON(TRX)$0.2731790.29%
  • suiSui(SUI)$3.82-5.40%
  • hyperliquidHyperliquid(HYPE)$35.0515.09%
  • chainlinkChainlink(LINK)$16.591.94%
  • avalanche-2Avalanche(AVAX)$24.963.88%
  • stellarStellar(XLM)$0.3003471.03%
  • shiba-inuShiba Inu(SHIB)$0.0000152.04%
  • bitcoin-cashBitcoin Cash(BCH)$437.635.60%
  • hedera-hashgraphHedera(HBAR)$0.2025991.17%
  • unus-sed-leoUNUS SED LEO(LEO)$8.86-0.04%
  • the-open-networkToncoin(TON)$3.130.01%
  • polkadotPolkadot(DOT)$4.912.42%
  • litecoinLitecoin(LTC)$99.771.73%
  • moneroMonero(XMR)$392.06-0.86%
  • bitget-tokenBitget Token(BGB)$5.789.96%
  • pepePepe(PEPE)$0.00001510.83%
  • piPi(PI)$0.79-4.78%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.06%
  • uniswapUniswap(UNI)$6.421.77%
  • bittensorBittensor(TAO)$458.95-2.84%
  • aaveAave(AAVE)$254.341.11%
  • nearNEAR Protocol(NEAR)$3.033.54%
  • aptosAptos(APT)$5.818.34%
  • ondo-financeOndo(ONDO)$1.011.19%
  • okbOKB(OKB)$52.83-0.29%
  • kaspaKaspa(KAS)$0.114524-0.41%
  • internet-computerInternet Computer(ICP)$5.612.68%
  • ethereum-classicEthereum Classic(ETC)$19.450.44%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.54-6.39%
  • gatechain-tokenGateToken(GT)$21.930.56%
  • render-tokenRender(RENDER)$5.164.81%
  • crypto-com-chainCronos(CRO)$0.0989160.05%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2494370.54%
  • vechainVeChain(VET)$0.0302161.31%
  • mantleMantle(MNT)$0.761.52%
  • ethenaEthena(ENA)$0.4169882.88%
  • worldcoin-wldWorldcoin(WLD)$1.5321.60%
  • usd1World Liberty Financial USD(USD1)$1.00-0.13%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.9010.09%
  • arbitrumArbitrum(ARB)$0.4241670.99%