Bitcoin’s Realized Market Cap Hits New High Despite Slowing Capital Inflows: A Market Reset Analysis

According to recent insights from Glassnode, as of January 22nd, the influx of capital into Bitcoin has shown a marked deceleration since it surpassed the critical threshold of $100,000. However, the cryptocurrency’s realized market cap has achieved a record peak of $832 billion, expanding at an impressive rate of $38.6 billion monthly. By December 2024, net realized profit taking reached its zenith at $4.5 billion, but has since plummeted to $316.7 million, a staggering decrease of 93%. This decline in selling pressure suggests a potential recalibration within the market towards a more stable supply-demand equilibrium. The overall balance of realized profits and losses has diminished by 65%, reducing from $4 billion to $1.4 billion. Despite this contraction, the current metrics remain elevated in a historical context, signaling that daily market demand continues to adequately absorb capital inflows.