Bitcoin’s Realized Capitalization Climbs to Record High Even as Spot Price Drops

"Despite a decline in the spot price of Bitcoin, the cryptocurrency's Realized Capitalization has experienced a remarkable increase, reaching an all-time high. This surge in Realized Capitalization indicates that the value of all Bitcoins based on the price at which they were last moved has risen to unprecedented levels, highlighting a growing confidence among long-term investors who may be holding onto their assets, regardless of the current market fluctuations." source: https://www.coindesk.com/markets/2025/09/01/bitcoin-s-realized-capitalization-climbs-to-record-high-even-as-spot-price-drops