Markets· ★★★· neutral·

Alphractal CEO: Institutional Bitcoin Cost Basis Clusters at $77K–$79K

  • —US spot ETFs: 1.29M BTC at an average cost of $76,909
  • —Public companies: 1.28M BTC at an average cost of $78,834
  • —Combined 2.57M BTC — nearly 13% of total supply
  • —At $83,200, unrealized gains are about $8.1B for ETFs and $5.6B for companies
Why it matters: Losing $77K–$79K would push 2.57M BTC of institutional positions into loss and could accelerate selling.
#BTC
Source: Bitcoin Sistemi
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