{"id":35506,"date":"2021-01-28T12:25:25","date_gmt":"2021-01-28T10:25:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35506"},"modified":"2025-08-29T01:37:23","modified_gmt":"2025-08-28T22:37:23","slug":"ethereums-realized-market-capitalization-up-25bn-since-start-of-the-year","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethereums-realized-market-capitalization-up-25bn-since-start-of-the-year\/","title":{"rendered":"Ethereum&#8217;s realized market capitalization up $25bn since start of the year"},"content":{"rendered":"<p>Amid a rapid rally in Ethereum, its realized market capitalization rose by $25 billion since the start of the year, according to Coin Metrics.<!--more--><\/p>\n<p>At the start of January, realized capitalization stood at $49 billion. By the time of writing, the figure had reached $75 billion.<\/p>\n<div id=\"attachment_123289\" style=\"width: 1844px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-123289\" class=\"size-full wp-image-123289\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-400.png\" alt=\"\u0421 \u043d\u0430\u0447\u0430\u043b\u0430 \u0433\u043e\u0434\u0430 \u0440\u0435\u0430\u043b\u0438\u0437\u043e\u0432\u0430\u043d\u043d\u0430\u044f \u043a\u0430\u043f\u0438\u0442\u0430\u043b\u0438\u0437\u0430\u0446\u0438\u044f Ethereum \u0432\u044b\u0440\u043e\u0441\u043b\u0430 \u043d\u0430 $25 \u043c\u043b\u0440\u0434\" width=\"1834\" height=\"732\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/1-400.png 1834w, https:\/\/forklog.com\/wp-content\/uploads\/1-400-300x120.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/1-400-1024x409.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/1-400-768x307.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/1-400-1536x613.png 1536w\" sizes=\"auto, (max-width: 1834px) 100vw, 1834px\" \/><\/p>\n<p id=\"caption-attachment-123289\" class=\"wp-caption-text\">Data: <a href=\"https:\/\/network-charts.coinmetrics.io\/\" target=\"_blank\" rel=\"noopener noreferrer\">Coin Metrics<\/a>.<\/p>\n<\/div>\n<p>First introduced in 2018, the realized capitalization metric provides a long-term, low-volatility measure of cryptocurrency value. In calculating realized capitalization, the price of each coin at the time of its last on-chain transaction is used.<\/p>\n<blockquote>\n<p>&#8220;The substantial rise in Ethereum&#8217;s realized capitalization points to an inflow of new capital,&#8221; \u2014 <a href=\"https:\/\/coinmetrics.substack.com\/p\/coin-metrics-state-of-the-network-3b9?token=eyJ1c2VyX2lkIjoxNzI1NTM0LCJwb3N0X2lkIjozMTg3NTkyMCwiXyI6IkpxUDcrIiwiaWF0IjoxNjExODIzNzQ3LCJleHAiOjE2MTE4MjczNDcsImlzcyI6InB1Yi02MjY5Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.QA7OyFRIn_newmhGuCNCPwUeV2E1897zz3pGCzzKgRg&#038;utm_source=substack&#038;utm_medium=email&#038;utm_content=share\" target=\"_blank\" rel=\"noopener noreferrer\">\u043f\u043e\u0434\u0435\u043b\u0438\u043b\u0438\u0441\u044c \u043c\u043d\u0435\u043d\u0438\u0435\u043c<\/a> \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0438 Coin Metrics.<\/p>\n<\/blockquote>\n<p>Additionally, the number of addresses with 10,000 ETH or more has risen since the start of the year.<\/p>\n<div id=\"attachment_123290\" style=\"width: 1210px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-123290\" class=\"size-full wp-image-123290\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/https___bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com_public_images_b05ef222-55a1-4a3b-ae79-49c8d3023460_1200x692.png\" alt=\"\u0421 \u043d\u0430\u0447\u0430\u043b\u0430 \u0433\u043e\u0434\u0430 \u0440\u0435\u0430\u043b\u0438\u0437\u043e\u0432\u0430\u043d\u043d\u0430\u044f \u043a\u0430\u043f\u0438\u0442\u0430\u043b\u0438\u0437\u0430\u0446\u0438\u044f Ethereum \u0432\u044b\u0440\u043e\u0441\u043b\u0430 \u043d\u0430 $25 \u043c\u043b\u0440\u0434\" width=\"1200\" height=\"692\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/https___bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com_public_images_b05ef222-55a1-4a3b-ae79-49c8d3023460_1200x692.png 1200w, https:\/\/forklog.com\/wp-content\/uploads\/https___bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com_public_images_b05ef222-55a1-4a3b-ae79-49c8d3023460_1200x692-300x173.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/https___bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com_public_images_b05ef222-55a1-4a3b-ae79-49c8d3023460_1200x692-1024x591.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/https___bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com_public_images_b05ef222-55a1-4a3b-ae79-49c8d3023460_1200x692-768x443.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p id=\"caption-attachment-123290\" class=\"wp-caption-text\">Data: Coin Metrics.<\/p>\n<\/div>\n<p>On January 1, there were 1,178 such addresses, and by the time of writing they had reached 1,246 (+5.7%).<\/p>\n<blockquote>\n<p>&#8220;These large addresses, where holdings are at least $14 million, potentially signal that institutional investors are beginning to buy ETH,&#8221; the experts suggested.<\/p>\n<\/blockquote>\n<p>Earlier, Glassnode researchers concluded that the main driver of Ethereum&#8217;s growth <a href=\"https:\/\/forklog.com\/en\/news\/glassnode-whales-push-ethereum-to-new-highs\">were large investors<\/a>.<\/p>\n<p>Additionally, Galaxy Digital, Mike Novogratz&#8217;s crypto bank, <a href=\"https:\/\/forklog.com\/en\/news\/galaxy-digital-to-launch-three-ethereum-funds-for-institutional-investors\">will launch Ethereum-based funds in February<\/a> \u2014 one for institutions, two for retail investors.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Against the rapid rise in Ethereum, its realized market capitalization has increased by $25 billion since the start of the year, according to Coin Metrics.<\/p>\n","protected":false},"author":1,"featured_media":35507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1320,46,1156,1145],"class_list":["post-35506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-address","tag-ethereum","tag-institutional-investors-and-whales","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=35506"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35506\/revisions"}],"predecessor-version":[{"id":35508,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35506\/revisions\/35508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/35507"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=35506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=35506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=35506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}