- Ethereum’s “realized” price just hit a two-year high of $287.
- “Realized” price is different from current price as it only takes into account active coins.
- Ethereum’s current price and the amount of addresses holding one of more ETH are also on the up.
Ethereum’s “realized” price just hit a two-year high of $287.09, according to data metrics site Glassnode.
The news comes not long after Ethereum—along with Bitcoin—hit new highs with its “realized” price when it touched $257 last month.
Ethereum’s “realized” price has since then shot up by 11.7%.
The metric, first proposed by crypto data firm Coin Metrics, is useful as it monitors the value of active cryptocurrency—and excludes lost coins or cryptocurrencies left dormant in wallets for years.
It is derived from “realized capitalization”, which measures the aggregate value of a cryptocurrency network by multiplying each cryptocurrency by the last time it moved.
The “realized” price calculation is performed by dividing the realized cap by the circulating supply.
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