CryptoQuant analyst Oro said that Bitcoin's "realized market cap" continued to set records, reaching a new all-time high of $934.88 billion as of today, which undoubtedly strengthened the long-term confidence of the market.
The operation logic of the key indicator "Realized Cap" is that when BTC is transferred to a wallet, it is regarded as "buying", and when it is transferred out, it is regarded as "selling". By calculating the average cost basis × open position of each wallet, the "Realized Cap" of the whole network can be obtained. This indicator reflects the total amount of capital entering the Bitcoin market through real on-chain activities.
CryptoQuant: Bitcoin's "Realized Market Cap" Hits a New Record of $934.88 billion, Strengthening Long-Term Confidence
2025-06-08 08:34:52
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