According to Odaily Planet Daily, CryptoQuant analyst Amr Taha said: "The realized market value of long-term holders exceeded US$10 billion for the first time." This means that the group spent a total of US$10 billion to buy BTC. This indicator takes into account the price at which each BTC was last sold.

Crypto analytics firm Bitbo said realized market capitalization is “often compared to regular market capitalization to understand overall market sentiment.”

Long-term holders are addresses that hold their coins for more than 155 days. Taha explained that once the holding period exceeds 155 days, these holders “become much less likely to sell, which means they are less likely to sell their positions during short-term market fluctuations.”