Realized capitalization provides a comprehensive picture of the cumulative capital flow into Bitcoin. This is a unique method for measuring the total value of all coins in the Bitcoin network.

💡 What's Happening Now: Realized capitalization reveals interesting insights about the Bitcoin market:

📊 Realized Capitalization Overview: Shows more than $14 billion flowing into Bitcoin this year, a 4% increase. This means people are still investing in Bitcoin.

📉 Slow Growth: However, this year's growth rate is much slower than the 2021-2022 surge, indicating a more gradual flow of funds.

📈 Long Term Holders vs. Long Term Holders Short Term: Realized capitalization can be divided into two groups: long term holders (LTH) and short term holders (STH).

STH has seen its wealth rise by about $34 billion this year, tracking the market up.

In contrast, LTH's wealth was slightly reduced by around $9 billion.

In conclusion, realized capitalization is an important tool in the cryptocurrency landscape, allowing us to measure the cumulative capital flow into Bitcoin with precision. By focusing on the historical price of coins at their last use, it reveals the true economic weight of Bitcoin and the wealth held within its network.