Realized Price
The average cost basis across all Bitcoin in existence, calculated as realized cap divided by circulating supply. Realized price is a single number representing where the aggregate holder set bought in. When Bitcoin trades above realized price, the aggregate holder is in profit; when it trades below, the aggregate holder is in loss.
What Realized Price Is
The average cost basis across all Bitcoin in existence, calculated as realized cap divided by circulating supply. Realized price is a single number representing where the aggregate holder set bought in. When Bitcoin trades above realized price, the aggregate holder is in profit; when it trades below, the aggregate holder is in loss.
Where Realized Price Appears in TBL Research
Realized Price is one of the on-chain bitcoin indicators that TBL tracks. For how it fits the broader framework, see TBL Guide to On-Chain Bitcoin Signals.
Related TBL Resources
TBL Guide to On-Chain Bitcoin Signals
On-chain data lets you read what Bitcoin holders are actually doing rather than what they say. TBL combines seven cost-basis and cycle valuation models into a single Master Valuation score from 0 to 100, and reads cohort behavior through short-term-holder MVRV, SOPR, the long-term-holder cost basis spread, and the URPD distribution.
TBL Glossary
Plain-English definitions for the macro, derivatives, on-chain, and TBL proprietary terms used across TBL's research. Each entry covers what the indicator measures and why it matters, conceptual form only, without proprietary formulas or live readings.
The indicators defined here are tracked live on TBL Pulse and interpreted in weekly written form in TBL Pro.