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Bitcoin

Holder cost basis

Holder cost basis

The price beside what short- and long-term holders paid on average — the lines markets lean on and break through.

$84,457.00Short-term holders' cost$72.7KLong-term holders' cost$49.4K
$10$100$1.0K$10.0K$100K2012 halving20122016 halving20162020 halving20202024 halving202417 Aug 201005 Sept 201824 Sept 2026perly.io

Each line is what a holder class paid, on average, for the coins it still holds. The short-term line has tended to hold as a floor in bull markets and as a ceiling in bear ones.

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How this is built

The price beside what short- and long-term holders paid on average — the lines markets lean on and break through.

Formularealized cap(c) / supply(c), c ∈ {age < 150ₔ, age ≥ 150ₔ}

AuthorGlassnode

The idea and the formula are Glassnode's. Perly claims no authorship of it — what is ours here is the drawing, computed from public data.