Realized Cap
Bitcoin
Realized Cap values each coin at the price it last moved on-chain and sums them, giving the aggregate cost basis of the entire supply.
Why it matters
It is a more stable, on-chain measure of Bitcoin's 'stored value' than market cap, filtering out short-term price noise.
How it is built
For every unspent output, its value at the time it last transacted is recorded, and all of these are summed into a single capitalization figure.
What to watch
Realized Cap acts as an aggregate break-even level; price crossing above or below it separates market-wide profit from loss and anchors valuation ratios like MVRV.
Measured on this chain
Realized Cap on Bitcoin last read 1.07T on Sep 24, 2026, a change of +1.02% over 30 days, ranging from 611.55B (Jul 17, 2024) to 1.13T (Nov 26, 2025).
- Latest reading
- 1.07T
- Sep 24, 2026
- Change
- 1d 0%
- 30d +1.02%
- 90d +0.59%
- 1y +0.35%
- Range
- Low 611.55B·Jul 17, 2024
- High 1.13T·Nov 26, 2025
- Coverage
- Jul 17, 2024 — Sep 24, 2026
- 800 readings
| Date | Value |
|---|---|
| Sep 13, 2026 | 1.07T |
| Sep 14, 2026 | 1.07T |
| Sep 15, 2026 | 1.07T |
| Sep 16, 2026 | 1.07T |
| Sep 17, 2026 | 1.07T |
| Sep 18, 2026 | 1.07T |
| Sep 19, 2026 | 1.07T |
| Sep 20, 2026 | 1.07T |
| Sep 21, 2026 | 1.07T |
| Sep 22, 2026 | 1.07T |
| Sep 23, 2026 | 1.07T |
| Sep 24, 2026 | 1.07T |
Read from our own stored series, not quoted from a page.