CryptoMediaClub
Tuesday, October 7, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

Bitcoin’s realized profits surge as market braces for 2024 halving

13.11.2023
A A
0
152
VIEWS
ShareShare

Realized cap offers a unique perspective on market behavior, representing the flow of capital in and out of Bitcoin (BTC). The realized cap is calculated by applying price stamps to each Bitcoin at the time of its last transaction, offering a more nuanced view of the market value than the traditional market cap.

At the beginning of the year, Bitcoin’s realized cap stood at $380 billion, with its price hovering just under $17,000. By Oct. 13, 2023, the realized cap increased to $396 billion, alongside a price rise to $26,800.

By Nov. 12, BTC had surged to $37,000, and the realized cap reached $407 billion, indicating a significant inflow of capital into Bitcoin.

The shift in realized profits and losses provides insight into market sentiment. While realized profits have been outpacing realized losses since mid-September, it wasn’t until Oct. 26 that the difference between them increased almost fivefold.

The year-to-date high for realized profits was recorded on Nov.5, with Bitcoin holders taking over $509 million in profits. This contrasts with the average daily realized losses, which have been declining, dropping from around $80 million in mid-October to $49 million on Nov. 12. On the same day, realized profits stood at a robust $416 million.

bitcoin realized cap realized profit 2023
Graph showing the realized profits, realized losses, and the realized cap for Bitcoin in 2023 (Source: Glassnode)

The increase in realized profits indicates that investors are finding lucrative exit points, while the decrease in realized losses points to a reduction in panic selling or distressed exits from the market. This trend is further bolstered by the upcoming Bitcoin halving in April 2024, an event historically associated with a tightening of Bitcoin supply and subsequent price appreciation.

Assessing the available supply also provides context to these trends. With the short-term holder supply at multi-year lows and a significant portion of the supply being classified as illiquid, it is evident that a substantial portion of Bitcoin is being held for the long term. This shift towards long-term holding, especially among institutional investors and through products like GBTC, underscores a maturing market and a growing recognition of Bitcoin as a store of value.

The decline in realized losses and the increase in realized profits indicate a market less prone to panic and more driven by strategic decisions. As the next halving approaches, the market will likely witness further tightening of supply, potentially leading to increased valuations and more profit-taking.

The post Bitcoin’s realized profits surge as market braces for 2024 halving appeared first on CryptoSlate.

Share12Tweet7ShareSharePin3

Related Posts

Bitcoin’s realized price is the real bull market signal
Analysis

Bitcoin’s realized price is the real bull market signal

06.10.2025
0

Bitcoin hit a new all-time high after breaching $125,000 over the past weekend. The headline is familiar and the kind...

Read moreDetails
StanChart reaffirms $200k year-end projection for Bitcoin as US gov shutdown becomes tailwind

StanChart reaffirms $200k year-end projection for Bitcoin as US gov shutdown becomes tailwind

03.10.2025
BlackRock’s $24 billion Bitcoin flywheel is moving BTC liquidity with 800% growth

BlackRock’s $24 billion Bitcoin flywheel is moving BTC liquidity with 800% growth

03.10.2025
Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases

Record $300B stablecoin liquidity ready to fund Bitcoin and Ethereum purchases

03.10.2025
Bitcoin above $120k: Here’s 3 data points bulls must watch next

Bitcoin above $120k: Here’s 3 data points bulls must watch next

03.10.2025
Load More
Next Post
Ethereum and Solana lead DeFi surge as TVL and DEX activity soar

Ethereum and Solana lead DeFi surge as TVL and DEX activity soar

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Hut 8 Moves to Dismiss Shareholder Lawsuit, Claims It Stemmed From a Short Seller

Hut 8 Moves to Dismiss Shareholder Lawsuit, Claims It Stemmed From a Short Seller

10 months ago

SEC Delays Approval Of Ark’s Revised Bitcoin ETF For Public Comment

2 years ago
Germany Transferred Another 1300 BTC to Exchanges As Market Dips

Germany Transferred Another 1300 BTC to Exchanges As Market Dips

1 year ago
BBVA Introduces USDC to Swiss Clients, Expanding Crypto Custody Options

BBVA Introduces USDC to Swiss Clients, Expanding Crypto Custody Options

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Galaxy Digital Unveils New Trading App With Shocking 8% APY – But There’s a Catch

Grayscale Launches First US-Listed Spot Crypto ETFs Allowing Staking for ETH and SOL

Can’t Mine XRP? Explore New Avenues with Mint Miner Cloud Mining

Bitcoin’s Surge Led to Widespread Liquidations, Prompting Investors to Turn to Arc Miner

From Tether to STBL: Reeve Collins Charts the Future of Stablecoins and Web3

Fiscal Fears Fuel Flight to Bitcoin, Gold as Major Currencies Falter

Trending

Bitcoin Price Prediction: Saylor’s $3.9B Profit, Japan’s Pro-Crypto Shift, and a Technical Path to $160K
All news

Bitcoin Price Prediction: Saylor’s $3.9B Profit, Japan’s Pro-Crypto Shift, and a Technical Path to $160K

07.10.2025
0

Bitcoin’s surge above $125,000 reflects growing institutional demand and global confidence. Michael Saylor’s Strategy Inc. paused new...

Pepe Price Prediction: PEPE Approaches Key Support – Next Move Could Double Your Money

Pepe Price Prediction: PEPE Approaches Key Support – Next Move Could Double Your Money

06.10.2025
Bitcoin’s realized price is the real bull market signal

Bitcoin’s realized price is the real bull market signal

06.10.2025
Galaxy Digital Unveils New Trading App With Shocking 8% APY – But There’s a Catch

Galaxy Digital Unveils New Trading App With Shocking 8% APY – But There’s a Catch

06.10.2025
Grayscale Launches First US-Listed Spot Crypto ETFs Allowing Staking for ETH and SOL

Grayscale Launches First US-Listed Spot Crypto ETFs Allowing Staking for ETH and SOL

06.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz