#Bitcoin buyers are averaging a 40% profit.#

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 is known as the "realized price," which reflects the average value of all Bitcoins, calculated using the price at which the tokens last moved on-chain. This means Bitcoin would have to drop by about 31% for last year's investors to return to a break-even price level. 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 making a small profit at the beginning of the year. Bitcoin is currently trading around $96,000 at the time of writing.