#RealizedCap is used to measure the total value of a cryptocurrency network, based on the price at which each coin was last transacted. Values coins that have recently been traded more than those that have remained untouched for a long time.

Realized Cap can differ from Market Capitalization.

@glassnode

One #Bitcoin On-chain Metric to Rule Them All: Mastering the Realized Cap https://youtu.be/-xFi-VJlotM