New Whale Buyers Now Drive 50% of Bitcoin’s Realized Cap - A Shift From Old Cycles?

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Story Highlights* New Bitcoin whales now account for nearly half of the network’s realized cap.

  • On-chain data shows large buyers continue accumulating at higher prices, even during market pullbacks.
  • The trend suggests Bitcoin’s market structure is changing, challenging how past cycles typically played out.
BTC0.12%
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