As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k

exchange68September 13, 2024

0 1 1 minute read

Definition

UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created, i.e., each bar shows the number of existing bitcoins that last moved within that specified price bucket.

Quick Take

Up to 20% of all Bitcoin supply is in high profit, from $686 to $15,000.
The next band sees 25% of all Bitcoin supply sitting between $15,500 and $23,000
Less than 1% of all supply is between $24,000 and $26,000
The majority of the Bitcoin supply is sitting at a loss

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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