Bitcoin buyers from 2024 are sitting on solid gains. On average, these investors saw a 40% increase in their holdings by year-end. The realized price, which tracks the price at which Bitcoin last changed hands on-chain, hit about $65,901 for coins bought last year, according to CoinDesk. This marks a substantial profit compared to the 2024 Bitcoin price surge, which saw the digital asset trade as high as $93,000.
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Realized Price Shows Profit and Risk
What’s interesting is how the realized price helps paint a clearer picture of Bitcoin’s market trends. As of January 2025, the cost basis for Bitcoin buyers now stands at approximately $95,500. This means recent buyers are just about breaking even or slightly in the green, considering Bitcoin’s current price of over $96,000. According to CoinDesk, this realized price tends to act as a support level during bear markets, offering investors a bit of peace of mind.
The realized price also has a crucial role in predicting price movements. For example, whenever Bitcoin’s market price dips below the realized price, it often signals a local bottom in the market. This trend played out multiple times in 2024, providing some valuable entry points for astute investors.
At the time of writing, Bitcoin is sitting at $96,612.07.