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Bitcoin is now above the realized price of every year other than 2021

March 22, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Definition

We will monitor the typical worth at which cash are withdrawn from all exchanges as a software to estimate a market-wide value foundation. On this chart, we take into account the typical withdrawal costs for cohorts established by date, beginning on the 1-Jan for the next cohorts:

Fast Take

Bitcoin is now above the realized worth of yearly apart from 2021.  Buyers, for the previous few years, are sitting on some income, which is encouraging for contributors.

All-time: $11,173
2017+: $15,267
2018+: $18,698
2019+: $21,863
2020+: $26,413
2021+: $36,465
2022+: $26,225
2023+: $22,394

Exchange Withdrawal Price: (Source: Glassnode)
Alternate Withdrawal Value: (Supply: Glassnode)
Exchange Withdrawal Price: (Source: Glassnode)
Alternate Withdrawal Value: (Supply: Glassnode)

The submit Bitcoin is now above the realized worth of yearly apart from 2021 appeared first on CryptoSlate.

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Tags: BitcoinPriceRealizedYear
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