# Bitcoin (BTC) Remains Under Short-Term Holders’ Realized Price for Fifth Day By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/56470 Published: 2026-11-13T08:11:44.000Z Updated: 2026-11-13T08:11:44.000Z Section: Investing > The overnight price-to-cost ratio was 0.90, indicating an estimated 10% paper loss for the cohort; the MVRV Z-Score fell to 0.54 but remained above zero. The $75,429 short-term holder realized price remained above Bitcoin’s market price for a fifth day Friday, leaving recent buyers with an estimated 10% paper loss. BTC was $68,608 as of 2:57 a.m. ET Friday (07:57 UTC), down 6.75% over 24 hours. Short-term holders are defined here as coins acquired during the preceding 155 days, and the realized price represents their average acquisition level. At around $68,000 overnight, the price-to-cost ratio for that group stood at 0.90. That means Bitcoin’s market price was about 90 cents for every dollar in the cohort’s realized price, consistent with the estimated 10% loss. The fifth-day reading follows TokenPost’s [Nov. 11 coverage of Bitcoin’s short-term holder benchmark](). Bitcoin’s MVRV Z-Score fell 0.13 point this week to 0.54. It remained above zero, indicating that unrealized profits persisted even as their buffer narrowed. ## Links in this article - [Nov. 11 coverage of Bitcoin’s short-term holder benchmark](https://www.tokenpost.com/news/investing/55132)