#Bitcoin buyers are averaging a 40% profit.#
Hot Topic Overview
Overview
The average Bitcoin buyer in 2024 made a 40% profit, according to the so-called "realized price" metric, which calculates the average value of all Bitcoins based on the price at which they last moved on-chain. This means that investors who bought Bitcoin in 2024 averaged about a 40% unrealized profit. It's worth noting that when the Bitcoin price falls below the 2024 realized price, it often signals a local bottom for the Bitcoin price, which happened in January and mid-year 2024. Monitoring the 2024 cohort cost basis is a profitable trading strategy, as entering 2025, the average cost basis is around $95,500, with buyers making a meager profit at the beginning of the year.
Ace Hot Topic Analysis
Analysis
According to CoinDesk, the average buy-in price for Bitcoin buyers in 2024 was $65,901. With the market price closing around $93,000 on December 31st, the average unrealized profit margin for 2024 buyers was approximately 40%. This metric, known as the realized price, reflects the average value of all Bitcoins, calculated using the price at which the coins last moved on-chain. This means that investors who bought Bitcoin in 2024 have realized an average unrealized profit of about 40%. Monitoring the realized price is crucial for understanding the overall profit and loss and cost basis of individual participants. When the Bitcoin price falls below the average buy-in price of a previous period, it often signals a local price bottom. This occurred once in January 2024 after the ETF launch and several times throughout the year. Monitoring the average cost of the group is a profitable trading strategy. Entering 2025, the average cost of Bitcoin is around $95,500, with buyers realizing a small profit at the beginning of the year. As of press time, Bitcoin is trading around $96,000.
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2024 Bitcoin buyers average profit about 40%
Bitcoin actual price index reflects the average purchase price, which can help judge the market bottom
The average cost basis for 2024 buyers is about $65,901, while the average cost basis for 2025 is about $95,500
Monitoring Bitcoin's actual price can be a profitable trading strategy