ChainCatcher reported that on-chain data cited by Alicharts places Bitcoin’s key Investor Price indicator at $48,300. The metric represents the market-wide average acquisition cost after filtering out coins considered permanently lost, and it is viewed as an important long-term accumulation support zone.
On-chain cost baselines for BTC and ETH
The update also referenced Ethereum’s Delta Price indicator. This metric previously captured Ethereum’s last two market bottoms with precision and is now close to $700. According to the original information, Delta Price is a proprietary on-chain indicator from the Alphractal platform.
Delta Price is mainly used to identify structural cost baselines and deep accumulation zones in crypto assets. Similar to Investor Price, it does not provide a direct short-term price conclusion; instead, it focuses on average market cost, long-term holding structure, and historically important bottoming areas.