New Bitcoin Whales Sitting On 185% Higher Cost Basis Than HODLer Whales, Data Shows

On-chain data shows the Bitcoin short-term holder whales have recently been entering at three times higher prices than the cost basis of the long-term holder whales. New Bitcoin Whales Have Cost Basis Around $91,900 In a new post on X, CryptoQuant author Axel Adler Jr has discussed how the Realized Price compares between the two major sides of the whale cohort on the Bitcoin network. The “Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of the average investor in the BTC market. When the value of this metric is above the spot price of the asset, it means the holders as a whole are carrying a net unrealized loss source: https://www.newsbtc.com/bitcoin-news/bitcoin-185-higher-cost-basis-hodler-whales/