{"id":163879,"date":"2021-01-27T05:18:31","date_gmt":"2021-01-27T02:18:31","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ethereums-realized-cap-spikes-to-record-highs-as-capital-floods-in-report\/"},"modified":"2021-01-27T05:18:31","modified_gmt":"2021-01-27T02:18:31","slug":"ethereums-realized-cap-spikes-to-record-highs-as-capital-floods-in-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereums-realized-cap-spikes-to-record-highs-as-capital-floods-in-report\/","title":{"rendered":"# Ethereum\u2019s realized cap spikes to record highs as capital floods in: Report"},"content":{"rendered":"<p>&#8220;<strong># Ethereum\u2019s realized cap spikes to record highs as capital floods in: Report <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Ethereum\u2019s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics.<\/p>\n<p>The data shows that Ethereum\u2019s realized cap has more than <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>led since dropping below $25 billion in during March 2020\u2019s \u201cBlack Thursday\u201d crash..<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-01\/8d5aef23-9949-45f3-86ad-72318c83ec2c.png\"><figcaption style=\"text-align: center;\">Ethereum\u2019s realized cap: CoinMetrics<\/figcaption><\/figure>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmetrics.io\/realized-capitalization\/\">realized capitalization<\/a> metric calculates the value of a crypto asset\u2019s supply according to when each unit last moved on-chain. The indicator seeks to estimate the price actually paid for each ETH in circulation \u2014 rather than simply multiply the current price by the total supply as market cap does. However, realized cap cannot account for coins that are only traded on centralized exchanges and do not move on-chain.<\/p>\n<p>The indicator is designed to offer a way to compensate for lost or unclaimed coins by ignoring their <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>reciation from the time each unit was last transferred on-chain.<\/p>\n<p>By ignoring the fluctuating capitalization of dormant coins, realized cap offers a signal for when new capital is flowing into a given market, with CoinMetrics inferring that many new investors may have been buying the bags of seasoned ETH whales during January\u2019s bull market.<\/p>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmetrics.substack.com\/p\/coin-metrics-state-of-the-network-3b9?token=eyJ1c2VyX2lkIjoyNTY5OTk5LCJwb3N0X2lkIjozMTg3NTkyMCwiXyI6IlFRTXViIiwiaWF0IjoxNjExNzAwMzIwLCJleHAiOjE2MTE3MDM5MjAsImlzcyI6InB1Yi02MjY5Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.uQyNeymdz3eeyz3rm6auyJE3cs0fUxuOhoii3e0HZdE\">report<\/a> also noted a 5% spike in the number of Ethereum addresses holding more than 10,000 Ether, with 1,241 wallets currently holding $13.8 million or more in ETH. As such, CoinMetrics concludes that \u201cinstitutional investors are starting to buy ETH.\u201d<\/p>\n<p>The growth of Ethereum\u2019s realized cap appears to have outperformed that of Bitcoin&#8217;s last year, with Glassnode <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/glassnode\/status\/1338578136586457088\">reporting<\/a> that BTC\u2019s realized cap had grown 50% since the beginning of 2020 as of Dec. 15. CoinMetrics\u2019 data indicates Ethereum had seen an 85% increase over the same period.<\/p>\n<p>Blockchain Center\u2019s Flippening Index currently <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.blockchaincenter.net\/flippening\/#what\">estimates<\/a> that Ethereum is 71% of the way to surpassing Bitcoin according to eight key metrics \u2014 comprising a new all-time high for the indicator. <\/p>\n<p>The index notes Ethereum has already surpassed Bitcoin by transaction fees and transaction count, and estimates that transaction volume and node count are at 99% and 97% of Bitcoin\u2019s respectively.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-s-realized-cap-spikes-to-record-highs-as-capital-floods-in-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Ethereum\u2019s realized cap spikes to record highs as capital floods in: Report &#8221; Ethereum\u2019s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics. The data shows that Ethereum\u2019s realized cap has more than tripled since dropping below $25 billion in during&#8230;<\/p>\n","protected":false},"author":1,"featured_media":163880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvZDVlMjRkYjQtMGZlMy00ZjVjLWE1YWMtZGQ5ZTRkMDU5MmY2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74937,74863,74891],"class_list":["post-163879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-price","tag-cryptocurrencies","tag-ethereum"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/163879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=163879"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/163879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/163880"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=163879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=163879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=163879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}