Bitcoin's cost basis distribution reveals a significant concentration pattern: nearly 940,000 BTC are clustered within the $84K-$85K price zone. This represents the largest supply accumulation at these levels since 2020, signaling substantial holder positioning in this critical price range. Such density at support/resistance levels often influences market dynamics and trader behavior, making it a noteworthy metric for monitoring potential price action and market structure shifts.
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LuckyBlindCat
· 2h ago
940,000 tokens are stacked at 84-85k, these are the chips waiting to be harvested.
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LiquidityWitch
· 12h ago
940,000 coins stacked at 84-85k? This resistance level really can't hold anymore; we need to see if it can break through.
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failed_dev_successful_ape
· 12h ago
940,000 tokens are gathered here, really need to think it over...
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probably_nothing_anon
· 12h ago
940,000 Bitcoins are stuck at 8.4-8.5K. Now this gets interesting; it depends on how the major players will handle it.
Bitcoin's cost basis distribution reveals a significant concentration pattern: nearly 940,000 BTC are clustered within the $84K-$85K price zone. This represents the largest supply accumulation at these levels since 2020, signaling substantial holder positioning in this critical price range. Such density at support/resistance levels often influences market dynamics and trader behavior, making it a noteworthy metric for monitoring potential price action and market structure shifts.