Bitcoin falls below $77,700, its cost basis; 1-3 month moving volume in loss zone

Bitcoin fell below the $77,700 realized price of coins last moved on-chain 1–3 months ago, pushing this cohort's aggregate cost basis into unrealized loss territory, CryptoQuant data cited by Cointelegraph showed. At the time of reporting on the 3rd, BTC traded around $65,00... wait, the article says 7만6500달러 = $76,500 (about 102.82 million won), roughly $1,200 (~1.61 million won) below that threshold. Realized price reflects the average price at which this cohort's coins last moved on-chain, so the breach signals the group is, on average, underwater. This matters because short-term holder cost bases often act as psychological support/resistance levels in bull and bear transitions. Watch whether BTC reclaims the $77,700 level or extends losses, and whether short-term holder capitulation—historically a local bottom signal—emerges.