Glassnode data shows that OG Bitcoin holders, or Fish (yellow), those holding between 1 – 10 BTC, still have the lowest realized price by quite some margin at just $15,630. Compared to Whales, whose realized price is currently $35,290, this indicates Fish have the lowest average cost per Bitcoin out of all holders.
Further, any time the Bitcoin price has touched the Fish realized price, it has marked the bottom of the market, as seen in 2011, 2014, and 2018.
Bitcoin realized price by wallet size (Glassnode)
The realized price above chart shows the average cost at which Bitcoin holders have acquired their coins, broken down by the size of their wallets since 2010. The “Realized Price” measures the average price paid for Bitcoin based on when each coin was last moved. This doesn’t necessarily match the current market price but rather reflects the average acquisition cost over time.
Wallets are grouped (like ‘whales’ for large holders and ‘retail investors’ for smaller hol

Czytaj więcej

We współpracy z: https://cryptoslate.com/insights/og-bitcoin-holders-or-king-fish-retain-15k-cost-basis-after-buying-the-dip/