Realized Price is the volume-weighted average of all on-chain BTC at the price of their last move — the market's aggregate cost basis. Price falling below it is historically a bottom signal.
How Realized Price is calculated
Realized Cap ÷ Circulating Supply. Viewable in real-time on on-chain data platforms.
How to read it
- On-chain metrics describe holder cost basis and profit structure; they move slowly and suit cycle context, not short-term timing.
- Compare the current reading with its historical percentile and cross-check it with at least one price-structure indicator.
Limitations and common misreads
- Historical thresholds come from a limited sample; future cycles can differ.
- Data providers can define the metric differently; cite the data date when quoting it.
- A single indicator is not investment advice and does not guarantee price direction.
Related indicators
Research and education only; not investment advice.
