As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k

1 year ago 66

Definition

UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created, i.e., 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  Glassnode)URPD: (Source: Glassnode)

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