Bitcoin ($BTC) has recently gone through a remarkable journey above the $100K spot, leading to mixed crypto dynamics. As per Glassnode, the realized capitalization of Bitcoin has made an exclusive record by reaching an all-time high irrespective of the decreased inflows. The on-chain analytics firm disclosed this development on its official social media account.
#Bitcoin’s capital inflows have slowed down since passing the $100K price tag. Despite this, #BTC’s Realized Cap has hit an ATH of $832B and continues to grow at a rate of $38.6B per month: https://t.co/NRjBjI3jMb pic.twitter.com/NefQiKEO38
— glassnode (@glassnode) January 22, 2025
Realized Capitalization of Bitcoin Touches New ATH of $832B
Glassnode revealed that Bitcoin’s realized capitalization has touched its all-time high spot of $832B. This development reportedly takes place despite the slump in capital inflows into the market. The realized capitalization metric denotes Bitcoin’s value in circulation. This figure is calculated at the price of its last movement.
$BTC Profit-Taking Slows Down As Compared with December 2024
At present, Bitcoin’s growth rate is $38.6B per month. The respective landmark achievement highlights the increasing investor confidence in the top crypto token’s potential in long term irrespective of the slowed down capital inclusion. In line with the market data, the net realized profit-taking of Bitcoin has witnessed a sheer dip. During December last year, the profit-taking reached its peak at nearly $4.5B. Nonetheless, during this year, the respective metric has plunged to only $316.7M, accounting for a 93% slump.
Despite Reduced Trading Activity, Realized Cap’s New ATH Underscores Huge Investor Confidence
Apart from that, the combined metric for profit as well as loss has decreased from $4B to just $1.4B, showing a 65% dip. In this respect, the trading activity has reduced to a significant extent. Keeping in view the overall market scenario of Bitcoin, the profit-taking and trading activity has slowed down. Even then, the rise of realized capitalization to a record high signifies the doubled down investor confidence. As a result of this, investors could expect positive price progress in the near term.
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