Glossary ยท On-chain

Realised Price

Average cost basis of all circulating coins, weighted by the last on-chain move.

Definition

Realised Price is the average price at which all circulating coins last moved on-chain - an aggregate cost basis of the market. Prices at or below realised price are rare and historically coincide with durable bottoms. Spectre AI surfaces realised price alongside MVRV and other on-chain valuation metrics.