Cryptocurrency
As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k – Crypto News
Definition
UTXO Realized Price Distribution (URPD) shows the prices at which the current set of Bitcoin UTXOs were created, ie, each bar shows the number of existing bitcoins that last moved within that specified price bucket.
Quick Take
- Up to 20% of all Bitcoin supply is in high profit, from $686 to $15,000.
- The next band sees 25% of all Bitcoin supply sitting between $15,500 and $23,000.
- Less than 1% of all supply is between $24,000 and $26,000
- The majority of the Bitcoin supply is sitting at a loss.
The post As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k appeared first on CryptoSlate,
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