Jan 23, 2025
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Bitcoin Capital Inflows Slow Down Despite Record Realized Cap of $832 Billion
On-chain data indicates a slowdown in capital inflows into Bitcoin since last year's peak. Key points include:
- Bitcoin's Realized Cap, an indicator of total valuation based on the last transaction price, shows growth but at a decreasing rate.
- The monthly percentage change in Realized Cap was high during late 2024, contributing to BTC's rally above $100,000.
- Recent trends show a decline in capital inflows, with $38.6 billion per month still significantly higher than last year's lows.
- Realized Cap has reached $832 billion, marking a new all-time high.
- BTC's price is currently around $104,000, displaying indecision in market direction.
