Bitcoin’s Cost Base Resets As New Whales Take The Lead

According to onchain data, Bitcoin may be moving into a different phase of market participation rather than simply hitting a classic cycle top or bottom. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn New, large entrants are paying higher prices and holding on, and that change is reshaping where the network’s cost base sits. This is not just a short blip; the pattern has several clear data points behind it. New Whales Rewrite The Network Cost Base According to CryptoQuant figures, addresses classified as new whales now account for almost 50% of Bitcoin’s realized cap source: https://www.newsbtc.com/news/bitcoin/bitcoins-cost-base-resets-as-new-whales-take-the-lead/