Shows Market Strength as Monthly Inflows Set New Records

TLDR

Bitcoin surpassed $100,000 again after temporarily dropping below $95,000, with monthly capital inflows reaching $80 billion
The Bitcoin Realized Cap has reached $768 billion, with nearly half of all historical Bitcoin investment occurring in 2024
On-chain data shows cumulative Bitcoin realized profits total $1.27 trillion versus $592 billion in realized losses
CryptoQuant data indicates unprecedented capital flow into Bitcoin during 2024
Market recovery was swift after brief dip under $95,000 earlier in the week

Bitcoin has pushed back above the $100,000 price level after a brief decline below $95,000 earlier this week. The recovery comes amid data showing unprecedented capital inflows into the leading cryptocurrency.

CryptoQuant founder and CEO Ki Young Ju revealed that Bitcoin is currently attracting approximately $80 billion in new capital each month. This rate of investment represents a historic high for the digital asset.

The Bitcoin Realized Cap, which measures the total capital invested in the cryptocurrency, has now reached $768 billion. This metric calculates Bitcoin’s value by considering the price at which each coin last moved on the network.

According to data shared by Ki Young Ju, nearly half of all capital that has entered the Bitcoin market since its creation in 2009 has flowed in during 2024 alone. This suggests an acceleration in institutional and retail investment interest.

#Bitcoin is attracting $80 billion every month.

Nearly half of the capital that has entered the Bitcoin market over the past 15 years was added this year.

If you don’t understand what this means, you still don’t understand Bitcoin. pic.twitter.com/7qvk8tUzlu

— Ki Young Ju (@ki_young_ju) December 12, 2024

The Realized Cap serves as an important indicator of market health by revealing the actual capital committed to Bitcoin rather than just the market price multiplication. Unlike market capitalization, this metric is less susceptible to price manipulation.

On-chain analysis firm Glassnode has provided additional context through their examination of Bitcoin’s realized profit and loss metrics. Their data shows that cumulative realized profits have reached $1.27 trillion over Bitcoin’s lifetime.

In contrast, the total realized losses stand at $592 billion. The difference between these figures approximately equals the current Realized Cap, providing validation for the broader market structure.

The rapid pace of capital inflows has continued despite occasional price volatility. This week’s dip below $95,000 proved short-lived as buyers quickly stepped in to push the price back above the $100,000 threshold.

Trading volumes have remained robust throughout these price movements, indicating healthy market participation across both institutional and retail segments.

The current monthly inflow rate of $80 billion represents a multiple of what Bitcoin attracted during previous market cycles. This suggests a maturing market with broader participation from various investor classes.

Market data indicates that spot trading continues to dominate volume figures, rather than leverage-driven futures trading. This points to more sustainable price action driven by actual capital deployment rather than speculative leverage.

The swift recovery above $100,000 demonstrates strong buying pressure at lower levels. Market order books show substantial bid support has developed below current prices.

Technical analysis of Bitcoin’s price action reveals the formation of higher lows on longer timeframes, despite short-term volatility. This indicates an underlying upward trend structure remains intact.

Order flow data from major exchanges shows consistent accumulation patterns, with more Bitcoin moving to long-term storage addresses rather than speculative trading accounts.

The ratio of Bitcoin moving to cold storage versus active trading addresses has reached new highs, suggesting investors are taking a longer-term approach to holding the asset.