ChainCatcher message, as Bitcoin drops to $78,000, Glassnode updates the key on-chain Bitcoin price distribution as follows: STH (short-term holder) cost basis, reflecting the average holding price of new entrants/investors in recent months: $95,400; active investors’ average investment amount, the current average holding cost of truly “on the field” traders: $87,300; real market mean, focusing on the actual trading costs of secondary market traders: $80,500; spot price: $78,600; transaction price, representing the average cost basis of all coins in the entire network: $55,900.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin value ‘off the chart’ as BTC price metric hits record lows in 2026
Bitcoin (BTC) is “off the chart” in terms of value-for-money as price diverges from hash rate, a market analyst says.
Key points:
Bitcoin price action is diverging from hash rate to an extent never seen before.
The Bitcoin Yardstick metric shows that price is in its “deep value”
Cointelegraph2m ago
BlackRock Transfers 11,780 ETH and Approximately 634 BTC to a Certain CEX, with Total Value Exceeding $700 Million
Gate News reports that on March 25, according to Arkham monitoring, approximately 1 hour ago, BlackRock transferred a total of 11,780 ETH worth approximately $257.5 million to a certain CEX custody address through its Ethereum exchange-traded fund ETHA; and transferred a total of approximately 634 BTC worth approximately $453.5 million to a certain CEX custody address through its Bitcoin exchange-traded fund IBIT.
GateNews2m ago
Veteran Investor Simon Dixon Criticizes Michael Saylor's Bitcoin Accumulation Strategy
Veteran investor Simon Dixon criticized Michael Saylor's Bitcoin accumulation strategy, arguing that it may exacerbate Bitcoin centralization risks. He called for a return to self-custody and long-term holding rather than concentrated allocation through publicly traded companies.
GateNews2m ago
BTC Breaks Through 72,000 USDT
Gate News bot message, Gate market display shows BTC breaking through 72000 USDT, current price 72014.9 USDT.
CryptoRadar2m ago
Irish Police Crack First of 12 Bitcoin Wallets in $418M Drug Seizure
Ireland's Criminal Assets Bureau accessed a Bitcoin wallet containing 500 BTC valued at $34 million, part of a seizure from drug dealer Clifton Collins. Support from Europol's cybercrime unit was crucial in overcoming decryption challenges.
Decrypt11m ago