Tag: Basis

Bitcoin Short-Term Holder Cost Basis Rises To $25.3k

Bitcoin Short-Term Holder Cost Basis Rises To $25.3k

On-chain data shows that Bitcoin’s short-term holder cost base has now increased to $25,300; here’s what that tells us about the market. Bitcoin’s short-term holder cost base has increased recently According to data from on-chain analytics firm glassnode, the average purchase price of short-term holders Read More

Bitcoin’s Rejection Coincided With These Whales’ Cost Basis

Bitcoin’s Rejection Coincided With These Whales’ Cost Basis

Data from Glassnode shows that Bitcoin’s latest rejection around the $23,800 level coincided with the cost base of a certain group of whales. Whales purchased after December 2018 have a base cost of $23,800 According to Glassnode’s latest weekly report, all three pods of whales Read More