Ghost Alpha

Realized Cap

Bitcoin's supply valued at the price each coin last moved on-chain, summed.

1,076,954,807,546.2844 USD · 96th percentile

Market cap valued at each coin's last-moved price, not its current price - a measure of aggregate cost basis rather than current market value.

Every coin valued at the price it last moved on-chain, summed - a rough aggregate cost basis for the whole market, in contrast to market cap's current-price valuation of the same supply.

20222023202420252026400,000,000,000600,000,000,000800,000,000,0001,000,000,000,0001,200,000,000,000USD

Feeds the Read's valuation module as a core classifier input.

Receipt
Source
Coin Metrics on-chain
Fetched
2026-09-29T00:00:00+00:00 (stale)

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