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New Bitcoin whale group holds $77K average cost basis, signaling key price reference for large holders.

Technical Signals
16 Oct 2026
Coincu
View Source
Neutral
New Bitcoin whale group holds $77K average cost basis, signaling key price reference for large holders.

CryptoQuant reports a new cohort of Bitcoin whales now represents about one-third of total whale realized cap, with an average acquisition cost near $77,000. This cost basis serves as a key reference point for analysts assessing large-holder conviction and potential price floor support, though it is not a direct price prediction. The cohort's size and cost basis dynamics may influence market sentiment and whale behavior, but ongoing data updates are needed to understand future trends. This insight helps investors gauge how large holders might react to price changes.

The story on new Bitcoin whales holding a $77,000 cost basis provides context for readers. For those following the broader cryptocurrency market, 46 of 50 major cryptocurrencies tradable on Pluang rose today. Notable movers include SXP down 46.27%, BAT up 15.56% with 87% sell order activity, and ZIL down 14.85% with 100% buy order activity, as of Oct 16, 2026 21:01 WIB.

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