Net capital inflows into $BTC across halving cycles
Realized Cap delta shows where real money is moving. Current cycle tracking behind previous ones in absolute terms, but the structure matters more than raw numbers.
Watch for acceleration post-halving historically. If macro liquidity stays tight, don't expect 2020-2021 type inflows.
RealizedCap = cost basis of all coins at their last move. It's the closest thing we have to actual capital in vs out.
Realized Cap delta shows where real money is moving. Current cycle tracking behind previous ones in absolute terms, but the structure matters more than raw numbers.
Watch for acceleration post-halving historically. If macro liquidity stays tight, don't expect 2020-2021 type inflows.
RealizedCap = cost basis of all coins at their last move. It's the closest thing we have to actual capital in vs out.