As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k

Definition

UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created, i.e., each bar shows the number of existing bitcoins that last moved within that specified price bucket.

Quick Take

• Up to 20% of all Bitcoin supply is in high profit, from $686 to $15,000.
• The next band sees 25% of all Bitcoin supply sitting between $15,500 and $23,000
• Less than 1% of all supply is between $24,000 and $26,000
• The majority of the Bitcoin supply is sitting at a loss

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