Bitcoin Realized Cap Reaches Record $900 Billion
- Bitcoin’s realized cap has exceeded $900 billion for the first time.
- The market value to realized value (MVRV) ratio for long-term holders is over 3.2.
- Short-term Bitcoin holders have an MVRV ratio greater than 2.0.
- Michael Saylor’s strategy recently acquired 4,020 BTC.
- A strong bearish divergence in Bitcoin’s dominance suggests a potential shift towards altcoins.
The recent Bitcoin price surge has led to a record $900 billion realized cap as investors lock in profits, with long-term holders seeing coins valued at over three times their purchase price.
Source (2.6)https://coingape.com/bitcoins-realized-cap-hits-record-900b/?rand=24432
