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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...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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 reportedly entered the market at much higher levels, with an average cost basis of approximately $98,000. The New Guardians of […]

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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.

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