The $6 Billion Gap: Why New Institutional Whales Are Defining BTC Price Action
New whales now control a larger share of bitcoin’s realized cap than long-term “OG” whales, according to recent on-chain data. Unlike the old guard, which maintains a lower cost basis of around $40,000, these newcomers r...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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