Data: 21 Billion USD worth of Bitcoin held by approximately 830,000 addresses has a cost basis between 51,000 and 54,000 USD.
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September 7, 2024
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According to Foresight News, Lookonchain has tracked a whale address selling 100 BTC (approximately $5.35 million) when the price of Bitcoin dipped near its cost basis, generating a profit of $206,000. Other addresses with cost bases in this range may also be engaging in break-even operations. Data from IntoTheBlock reveals that 836,000 addresses collectively bought 402,800 BTC in the range of $51,113 to $54,303, totaling $21 billion in value.
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