Glassnode: Bitcoin Has Never Closed Below Realized Price During This Bear Market
- —Bitcoin has not closed below its realized price during the current bear market
- —Realized price tracks the average on-chain cost basis of all circulating coins
- —Previous bear markets saw sustained closes below this level
- —Glassnode also flagged rising ETF inflows and muted profit-taking
Why it matters: The average BTC holder staying in profit reduces capitulation pressure, though it does not guarantee the level holds in the future.
Source: Koin Bülteni