Notably, the decline has pushed prices well below the widely tracked aggregate cost basis of short-term bitcoin holders, or wallets storing cost for 155 days or less. As of writing, the aggregate cost basis for short-term holders was $65,000, according to data source LookIntoBitcoin. Onchain analytics firms consider realized price as the aggregate cost basis, reflecting the average price at which coins were last spent on-chain.
Polkadot’s $245M Treasury Would Last 2 Years at Current Spending Rate
Marketing and outreach activities accounted for the biggest chunk of spending, with over $36 million spent on advertisements, events, meetups,...