2023-01-11
STH Realized Price: $17,812.14.
Bitcoin price in the same daily row: $17,833.71. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.
Cost basis
BTC: Short-Term On-Chain Cost Basis Bands [Hourly]
STH realized price with its high and low bands.
Latest daily observationProvisional day
- STH Realized Price
- $74,318.45
- High-Band
- $87,492.41
- Low-Band
- $67,852.57
- Bitcoin price
- $82,448.31
Observation: UTC. Dataset updated: .
Updated daily, normally at 09:30 Europe/Madrid. Latest hourly bucket starts 2026-10-09 07:00 UTC (hour start).
This day is incomplete and may change. Daily flows accumulate through the latest update; they differ from a single hourly point.
Recent daily values
The last seven closed UTC days. These values remain daily when you change the chart range.
| Date (UTC) | STH Realized Price | High-Band | Low-Band | Bitcoin price |
|---|---|---|---|---|
| 2026-10-08 | $74,314.15 | $87,486.60 | $67,842.46 | $81,676.02 |
| 2026-10-07 | $74,337.90 | $87,514.62 | $67,858.25 | $83,274.86 |
| 2026-10-06 | $74,323.06 | $87,495.50 | $67,838.22 | $85,553.52 |
| 2026-10-05 | $74,135.64 | $87,270.41 | $67,660.16 | $85,756.06 |
| 2026-10-04 | $73,938.60 | $87,033.45 | $67,473.30 | $86,510.16 |
| 2026-10-03 | $73,888.08 | $86,967.62 | $67,420.08 | $84,746.87 |
| 2026-10-02 | $73,876.25 | $86,949.61 | $67,402.35 | $84,500.84 |
Formula
High-Band = STH Realized Price × (cumulative mean of daily STH-MVRV + population standard deviation). Low-Band uses the same mean minus standard deviation.
How to read it
These bands place realized price in the context of the distribution of MVRV over the available daily history. Their distance from the cost basis is descriptive; neither band guarantees support, resistance or a reversal.
Limitations
- Cumulative statistics depend on the start of the available history and begin after 30 observations. Hourly bands use daily statistics including the day's close; do not use them as a point-in-time backtest.
- On-chain movements include transfers between an owner's own wallets. They do not establish actual purchases, sales or investor identity.
- The latest day is provisional. Data is updated daily; hourly resolution does not mean hourly publication.
Historical examples
Selected mechanically: the lowest and highest closed-day STH Realized Price in the available history (2023-01-01 to 2026-10-08). These are observations, not forecasts or trading signals.
2025-10-09
STH Realized Price: $114,005.55.
Bitcoin price in the same daily row: $121,695.00. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.
Download these closed daily observations (JSON)
Source: Computed from the chain (BigQuery public dataset crypto_bitcoin), hourly resolution. Price source: Bitstamp BTC/USD hourly candles. rows before 2025-10-06 computed with daily prices (Coin Metrics); hourly prices from then on Methodology and sources.