TL;DR
403,460 BTC accumulated here between $60K–$70K
A true demand wall.
Strong hands building support.
Extremely bullish.
Whales didn’t just BTFD,
they absorbed it.
Entity adjusted data shows $67K is now the largest on chain cost basis in the entire market, with 618,405 BTC (3.1% of supply) accumulated there. Just three weeks ago, that level held only 241,788 BTC.
That means 400,000+ BTC were bought in a matter of weeks.
This isn’t exchange shuffling or internal transfers, it excludes both. This is real ownership change & fresh capital stepping in.
