Bitcoin Equilibrium: Active Market Participants Just Breaking Even

On-chain data shows the Bitcoin price is currently

Bitcoin Equilibrium: Active Market Participants Just Breaking Even

Bitcoin Equilibrium: Active Market Participants Just Breaking Even

On-chain data shows the Bitcoin price is currently floating around the cost basis of the Active Investors, suggesting this cohort is at break-even.

The price of the coin seems to have been trading around the Active Realized Price in recent weeks | Source: Glassnode on X
Looks like the price of the coin has overall been moving sideways in recent days | Source: BTCUSDT on TradingView

Featured image from Dall-E, Glassnode.com, chart from TradingView.com

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