Long-Term Holder Realized Price
The average price paid by patient owners — people whose coins have not moved in more than 180 days. Historically a floor in rising markets and a magnet in falling ones. Every point shown is real up to the date on the badge above the chart.
Coins that have sat unmoved for more than 180 days are treated as belonging to patient, long-term owners, because history shows coins that old rarely get sold in a panic. This is the average price those particular coins last changed hands at.
For example, if this reads $48,000 with bitcoin at $110,000, the patient owners are up about 130% and have a long way to fall before they are in trouble. In **rising** markets the price has repeatedly dipped to this line and bounced rather than breaking through; in **falling** markets the price has repeatedly sunk toward it and found a bottom nearby.
It is a level worth watching, not a promise.
In words: take **only** the coins that have not moved for more than 180 days, then average the price they last changed hands at. Computed in-house by our own Bitcoin node from the coins unmoved for at least 180 days, read from the chain.
Every point on screen was counted by **our own Bitcoin node** — a full copy of the blockchain that we run ourselves. Coins minted before Bitcoin had a market price still count in this group at a cost of zero, which pulls the line down — most of all in its first years, when nearly every long-term coin was one of them. A day our node could not count is left as a gap; it is never filled in from another source.
The 180-day cut-off is a convention rather than a fact about people, and coins cross it every day simply by ageing. Note on the age split: our node's history before 2026-08-17 was replayed with a 155-day split between short- and long-term holders; from 2026-08-17 it uses 180 days, so the line can shift slightly on that date.
Computed by Safu's own Bitcoin node: the average price at which the coins unmoved for at least 180 days last moved, read from the chain. Our node's rows run back to 2009, but until early 2011 every coin in this group dated from before Bitcoin had a market price, so their average cost was zero; the line starts on the first day it is above zero, in early 2011. No outside data is used.
Computed in-house from Safu's Bitcoin node · 1 point/day since 2011 · recomputed daily