CryptoQuant: New Bitcoin Whales Hold $77K Cost Basis
Photo: Coincu
A new cohort of Bitcoin whales, identified by on-chain analytics firm CryptoQuant, now accounts for roughly one-third of total whale realized cap, with an estimated aggregate cost basis near $77,000, a data point that analysts may use to assess large-holder conviction and potential price floor support. CryptoQuant reported that a recently formed Bitcoin whale cohort represents approximately one-third of total whale realized cap, a metric that measures the cumulative value of whale-held coins at the price those coins last moved on-chain.
Source: Coincu
