Summary
- Glassnode reported that the Bitcoin market average price is $81,400, which is 10% lower than the current price.
- It said the average purchase price of short-term investors is $102,200, and Bitcoin's realized price is $56,400.
- Spot Bitcoin is trading at around $90,200, and there has been no meaningful change in major on-chain price models.
Bitcoin (BTC)'s 'market average price (True Market Mean)' was shown to be in the $81,000 range.
On the 14th (local time), on-chain analytics firm Glassnode said the Bitcoin market average price was calculated at $81,400 as of that day. It is nearly 10% lower than the Bitcoin price, which is currently in the low $90,000s.
The market average price is one of the key indicators showing investors' average purchase price. It is estimated based on capital flows in the cryptocurrency market and is close to the average purchase price that current market participants actually feel.
The average purchase price of short-term holders (STH) was calculated at $102,200. Bitcoin's realized price was $56,400. The realized price is the median of all Bitcoin purchase prices.
Glassnode said, "Spot Bitcoin is trading around $90,200," and added, "There has not yet been any meaningful change in major on-chain price models."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
