Question 1

What is the LTH Realized Price?

Accepted Answer

The Long-Term Holder (LTH) Realized Price is the average price at which investors who have not moved their BTC for more than 155 days acquired their coins. It is an on-chain indicator that reflects the cost basis of the market's "diamond hands" — those who historically hold through complete cycles.

Question 2

Why is the LTH realized price important?

Accepted Answer

When the market price falls below the LTH realized price, it means long-term holders are on average at a loss. Historically, these moments have represented the best entry points of the cycle. When the price is well above the LTH realized price, LTHs have large unrealized gains and tend to distribute.

Question 3

How is this indicator used to identify cycles?

Accepted Answer

The classic strategy is: accumulate when price falls toward or below the LTH realized price (historical accumulation zone) and be cautious when price exceeds 3-5x the LTH realized price (historical distribution zone). This indicator complements halving-based cycle analysis.

FAQ — LTH Realized Price