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....
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On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC price had slipped below the Realized Price of the short-term holder whales earlier. The “Realized Price” here refers to an indicator that keeps track of the average cost basis that the investors of a particular group currently share. Related Reading: Bitcoin NVT Golden Cross Gives Bottom....
Quick Facts: ➡️ Bitcoin’s base layer offers strong security but struggles with high fees, slow confirmations, and limited programmability, restricting richer DeFi and application development. ➡️ As capital flows back toward $BTC, demand is growing for infrastructure that unlocks faster, lower-cost transactions without leaving Bitcoin’s security model behind. ➡️ Bitcoin Hyper ($HYPER) introduces the first […]
Ethereum whales are no doubt some of the biggest fans of meme coin Shiba Inu but it seems even the whales are starting to feel the heat of the downtrend. This has resulted in the top whales significantly decreasing their holding in the digital asset. Now, these whales still hold a reasonable portion of […]
Bitcoin prices could reach $6 million per coin in forty years’ time, but the whales may eventually pull the plug. A former lead developer for the Bitcoin network has postulated a possible future for the world’s most popular cryptocurrency which includes an epic price prediction.Software developer Gavin Andresen published a recent blog post called “A Possible BTC Future” in which he predicts the demise of the Bitcoin network.Before BTC meets its end, it will reach a price of $6 million per coin in 2061, Andresen predicts. Before you get too excited, he added that $1 million dollars today....
Quick Facts: ➡️ China has quietly regained roughly 14% of global Bitcoin hashrate, reflecting sustained institutional commitment despite the ongoing mining ban. ➡️ Industrial-scale mining driven by low-cost power and unused data centers strengthens Bitcoin’s position as a resilient macro asset rather than a speculative fad. ➡️ Bitcoin’s base layer continues to face throughput, fee, […]