Bitcoin Wiki/Markets & metricsRealized priceUpdated 9 October 2026StubRandom articleIn plain wordsAverage price at which all coins last moved on-chain; a cost-basis estimate.Glossary on the Learn page →Live data on the site →See alsoMVRVMarket value ÷ realized value; high values have marked past tops.UTXO (unspent transaction output)Bitcoin has no account balances. Your wallet holds separate “coins” called UTXOs, like notes in a purse; a payment spends some of them and creates new ones, including change back to you.