Bitcoin (BTC) realized cap data has almost reached an all-time high.
Reported by on-chain analysis platform Glassnode to data According to the critical data “realized value” based on the average cost of long-term Bitcoin investors very close to the peak came to a position.
This data focuses on the price at which Bitcoin assets in long-term wallets last moved. 468.3 billion in April 2022 had reached its peak. Currently at the top below 0.22% positioned realized value, 467 billion It sits at the level.
Making a statement on the subject, Glassnode analyst James Check said that this data, which is one of the most critical indicators of Bitcoin analysis, should be taken into consideration.
Long-term investors are already In this market where it reached 2 times the profit While there is a risk of selling pressure, some analysts say that the bull has just begun and those who hold it for the long term would not choose to sell at this price expressed.
