New whales now control one-third of Bitcoin's whale realized cap
- —New whale realized cap hit $78.61 billion, or 33.06% of the total
- —Old whales hold $159.15 billion in realized cap
- —New whales' share rose from about 18% earlier in 2026
- —New whales' average cost basis recovered to roughly $77,000
Why it matters: The shift toward institutional and ETF-linked holders changes Bitcoin's supply dynamics and could dampen volatility over time.
Source: Crypto Briefing