The price of Bitcoin has risen from ~$60,000 to ~$100,000 in recent months, increasing the Realized Price from ~$31,000-$32,000 to ~$37,000.

- Capital Inflows: An increase in Realized Price indicates new entrants to the market and growing confidence in Bitcoin.

- Stronger cost base: An increase in average cost of acquisition strengthens the market during corrections.

- Reduced selling pressure: Long-term holders hold assets, reducing sell-side liquidity.

While a gap between the Market and Strike Price may indicate short-term overheating, history shows that such gaps have not stopped prices from rising during previous bull markets.