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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #718 14.7K
The Realized Cap is one of the most important on-chain metrics, and is an essential primitive for analysts to master.

In this report, we document how the Realized Cap, and its derivatives, describe the fear and greed response of investors, which are the primal forces driving Bitcoin market cycles.

Discover more below 👇
https://glassno.de/3PA7kCy
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