Markets· ★★★· neutral· October 16, 20:41

CryptoQuant: New Bitcoin Whale Cohort Holds $77K Cost Basis

—New whale cohort represents about one-third of total whale realized cap
—Estimated aggregate cost basis for the cohort is around $77,000
—Metric is based on realized cap, not current spot price
—Cost basis reflects when coins last moved on-chain

Why it matters: The $77,000 level may serve as a reference for gauging large-holder conviction during drawdowns.

Source: Coincu

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