In this week's Glassnode Clips, we focus on Cointime True Market Mean Price:

- The True Market Mean Price is an updated realized price model that was developed in collaboration with ARK Invest, accurately representing the cost basis for active investors by accounting for lost coins and early miners.
- A critical level in the Bitcoin market is the $28,000 benchmark, which signifies the average active Bitcoin investor's cost basis, and the market's recent movement above this suggests that a majority of these investors are now seeing profits.
- Compared to the tools available in 2015, today's instruments provide a more transparent insight into the market's cost basis, and moving above this significant level is likely to have a profound impact on overall investor sentiment.

Discover more in the latest Glassnode Clips below 👇
https://www.youtube.com/watch?v=0xnTNXXxHlY