Bitcoin Price Aligns with Active Investors’ Cost Basis
- The Bitcoin price is currently around $87,700, aligning with the Active Realized Price.
- Active investors are breaking even as the Bitcoin price matches their cost basis.
- Short-term holders, who acquired Bitcoin within the last 155 days, face a net loss with their Realized Price at $99,900.
- The overall network remains profitable as the Realized Price is at $56,200, below the current spot price.
- The True Market Mean stands at $81,100, indicating where Bitcoin found its bottom during a previous crash.
Bitcoin’s current price alignment with active investors’ cost basis suggests these participants are neither profiting nor losing on their investments. However, short-term holders are experiencing losses due to a higher acquisition cost compared to the present market value.
Overall profitability for the network is maintained as long as Bitcoin trades above the realized price of $56,200. This reflects broader market health despite individual variances among investor groups. (Source)
