Ether is currently trading about 67% above its so-called realized price, which was $2,050 toward the end of the second quarter, the note said. That’s the highest since inception despite the fact that ETH remains well below its 2021 highs. The realized price is a measure that tries to capture the average cost basis of all current ETH holders. Ether was trading around $3,526 at publication time.
- Wed, 30 October 2024