Pricing Pricing Mrktreal ATH Pricing Mrktreal ATH
Bitcoin
This plots Bitcoin's market capitalization alongside its realized capitalization.
Why it matters
It contrasts speculative valuation (market cap) with stored cost basis (realized cap).
How it is built
Market cap and realized cap are computed from price and on-chain data and plotted together.
What to watch
The gap between them drives MVRV; market cap crossing realized cap separates aggregate profit from loss.
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