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James Check (Checkmatey)'s avatar

Great question.

Supply = units of BTC, where are the literal coins located on the price dimension. 2 BTC = 2BTC irrespective of price.

Realised value = the USD value those coins are worth. 2 BTC at $100k = $200k of realised value. 1 BTC at $10k is 2x less than 1 BTC at $20k.

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