The average price at which every bitcoin last moved on chain, against the market price.
$54,657 on Oct 30, 2026, against $56,802 a year earlier.
Realised price values each coin at the price it last moved on chain rather than at today’s price. It is the cost basis of the whole network. When the market price falls below it, the average holder is under water; that has happened at the bottom of every cycle and rarely lasted long.
It is derived from Coin Metrics’ MVRV and market capitalisation.
Realised price, month by month
Month
Realised price
Nov 2025
$56,869
Dec 2025
$56,573
Jan 2026
$58,316
Feb 2026
$53,099
Mar 2026
$53,475
Apr 2026
$53,968
May 2026
$54,251
Jun 2026
$53,634
Jul 2026
$53,412
Aug 2026
$52,975
Sep 2026
$53,636
Oct 2026
$54,657
Questions
What is realised price today?
$54,657 as of October 30, 2026, up 1.9% over the last 30 days.
How has it changed over the past year?
A year ago it was $56,522; today it is $54,657, a change of -3.3%.
What is the highest realised price on record?
$60,008, on February 5, 2026.
How is this chart calculated?
Realised price values each coin at the price it last moved on chain rather than at today’s price. It is the cost basis of the whole network. When the market price falls below it, the average holder is under water; that has happened at the bottom of every cycle and rarely lasted long.
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