Recent data indicates that new Bitcoin whales now hold the majority of Bitcoin’s realized capital, surpassing long-term holders for the first time. Their collective market performance showcases a shift in cryptocurrency wealth distribution.
With BTC trading at around $96,800 and new whales’ average cost at $91,922, the market’s stability hinges on their actions. If these high-cost investors begin to sell, it could result in notable price fluctuations.
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