Analyst: Bitcoin’s realized market capitalization has notched its strongest growth since the start of the current bear market, adding over $4.6 billion in the past week.

CryptoQuant analyst Darkfost stated that Bitcoin’s weekly realized market capitalization has continued to rise, increasing by more than $4.6 billion over the past week, indicating that capital inflows are supporting BTC’s current rally. This marks the strongest realized market cap growth for Bitcoin since it entered the bear market, with its trend pattern also resembling certain phases of the previous bear market. Realized market cap growth does not fully equate to new capital inflows, as some investors who bought at high levels may choose to sell at a stop-loss, thereby forming new UTXOs at lower realized prices. However, judging from BTC’s concurrent price movement, market demand still outweighs the associated selling pressure. He noted that while this change is a noteworthy short-term signal, its overall magnitude remains limited: the 30-day average change rate of realized market cap is only 0.4%, which is currently insufficient to confirm a sustained shift in market trend, requiring further data for validation.