{"id":27601,"date":"2025-05-20T06:32:14","date_gmt":"2025-05-20T06:32:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27601"},"modified":"2025-05-20T06:32:14","modified_gmt":"2025-05-20T06:32:14","slug":"bitcoin-breaks-realized-capitalization-record-for-4th-straight-week-is-a-new-ath-in-sight","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27601","title":{"rendered":"Bitcoin Breaks Realized Capitalization Record For 4th Straight Week \u2013 Is A New ATH In Sight?"},"content":{"rendered":"<div>\n<p>The latest on-chain data reveals that Bitcoin (BTC) has broken its all-time high (ATH) in realized capitalization for the fourth consecutive week. Simultaneously, both Bitcoin whales and spot exchange-traded funds (ETFs) are steadily increasing their holdings \u2013 indicating <a href=\"https:\/\/bitcoinist.com\/bitcoin-whale-holdings-jump-41300-btc-as-institutional-demand-heats-up-details\/\" target=\"_blank\" rel=\"noopener \">growing<\/a> investor confidence.<\/p>\n<h2>Bitcoin Realized Capitalization Hits New ATH<\/h2>\n<p>According to a recent CryptoQuant Quicktake post by contributor Carmelo_Aleman, Bitcoin\u2019s realized capitalization has surpassed its previous record, reaching over $906 billion as of May 18, 2025. This milestone marks the fourth straight week in which this key on-chain metric has hit a new high.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-479769 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?resize=980%2C558\" alt=\"cq1\" width=\"980\" height=\"558\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=2508 2508w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq1_db7764.png?w=1140 1140w\" sizes=\"(max-width: 980px) 100vw, 980px\"><\/p>\n<p>For the uninitiated, Bitcoin\u2019s realized capitalization is the total value of all BTC in circulation, calculated based on the price each coin last moved rather than the current market price. This metric offers a more accurate reflection of true capital inflow and investor conviction, excluding dormant or lost coins.<\/p>\n<p>Carmelo notes that BTC has been consolidating near the daily resistance level of $104,731 for nearly 10 days. During this phase, the leading cryptocurrency has continued to accumulate capital, possibly gearing up for a significant breakout.<\/p>\n<p>If BTC can breach this resistance, the next major hurdle lies at $107,757. Clearing this level could open the door to a fresh all-time high, supported by several bullish on-chain signals. Carmelo adds:<\/p>\n<blockquote>\n<p>On May 8, when this range-bound phase began, the total value of all UTXOs was $891,642,358, meaning that in just 10 days, new Bitcoin investments have added $14,399,578, reflecting a 1.61% increase in Realized Capitalization.<\/p>\n<\/blockquote>\n<p>According to Bitcoin UTXO Value Bands, the most significant accumulation over the past 10 days has come from wallets holding 100 to 1,000 BTC. These wallets increased their collective holdings from 5.56 million BTC to 5.68 million BTC, representing a 2.20% gain during this period.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-479767 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?resize=980%2C558\" alt=\"cq3\" width=\"980\" height=\"558\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=2506 2506w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq3.png?w=1140 1140w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\"><\/p>\n<p>Among ETFs, BlackRock\u2019s IBIT spot ETF stands out as the only major fund to increase its BTC exposure. Its holdings rose from 621,600 BTC to 631,902 BTC, a 1.66% increase. In contrast, most other ETFs have either taken profits or held their positions steady.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-479764 size-full\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?resize=2542%2C1128\" alt=\"cq4\" width=\"2542\" height=\"1128\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=2542 2542w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/cq4.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<h2>BTC Heading To $120,000?<\/h2>\n<p>As Bitcoin trades just 5.1% below its current ATH, analysts are speculating on potential upside targets for this market cycle. One model, the Wyckoff Accumulation pattern, <a href=\"https:\/\/bitcoinist.com\/bitcoin-poised-for-120000-rally-as-wyckoff-accumulation-hits-final-phase-analyst-says\/\" target=\"_blank\" rel=\"noopener \">suggests<\/a> BTC could top out near $120,000.<\/p>\n<p>Further supporting this bullish narrative is the fact that nearly 100,000 BTC has been <a href=\"https:\/\/bitcoinist.com\/100000-bitcoin-pulled-from-exchanges-in-3-weeks-analyst-highlights-strong-accumulation-trend\/\" target=\"_blank\" rel=\"noopener \">withdrawn<\/a> from exchanges over the past three weeks \u2013 often a sign of long-term accumulation and reduced selling pressure. At press time, BTC trades at $103,450, down 1.2% in the past 24 hours.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-479758 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?resize=980%2C623\" alt=\"bitcoin\" width=\"980\" height=\"623\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=2648 2648w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/bitcoin_760021.png?w=1140 1140w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The latest on-chain data reveals that Bitcoin (BTC) has broken its all-time high (ATH) in realized capitalization for the fourth consecutive week. Simultaneously, both Bitcoin whales and spot exchange-traded funds (ETFs) are steadily increasing their holdings \u2013 indicating growing investor confidence. Bitcoin Realized Capitalization Hits New ATH According to a recent CryptoQuant Quicktake post by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27601","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27601"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27601\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}