Bitcoin Hits $100K Cost Basis as Whales Trigger $3.5B Profit Wave
Bitcoin Hits $100K Cost Basis as Whales Trigger $3.5B Profit Wave
Bitcoin’s speculative base has hit a new milestone, with the average cost basis for short-term holders (STHs) exceeding $100,000—a development that may cement this level as a pivotal support zone amid heightened market volatility.
According to blockchain intelligence firm Glassnode, the average acquisition price for investors who entered the market within the past six months has now surpassed six figures. This benchmark is particularly signif...
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