Realized Price Momentum
How fast the average price bitcoin owners paid has changed over the last 30 days. Positive means real money is settling in at higher prices; negative means coins are changing hands at a loss. Every point shown is real up to the date on the badge above the chart.
The percentage change over 30 days in the average price at which all coins last changed hands. That average **only** moves when coins actually move, so this follows real money settling into the market rather than exchange noise.
For example, +4% over 30 days means the market's average purchase price rose 4% in a month, so new buyers are stepping in **above** the old cost. Negative readings mean coins are moving at prices **below** the old average, which happens when people sell at a loss.
In past cycles the turn from negative to positive came at the start of recoveries.
In words: today's average purchase price across all coins compared with the same figure 30 days ago, as a percentage change.
Every point on screen was counted by **our own Bitcoin node** — a full copy of the blockchain that we run ourselves — and the line runs up to the date on the badge **above** the chart. A day our node could not count is left as a gap; it is never filled in from another source.
It **cannot** tell you who is buying, and coins moved between one owner's own wallets are re-priced as though they had been bought.
Computed by Safu from its own Bitcoin node's realized price (realized cap divided by coin supply, both read from the chain). One point per day from 2010. No outside metrics feed is involved.
Computed in-house from Safu's Bitcoin node · 1 point/day since 2010 · recomputed daily