Bitcoin’s long-term holders, often referred to as whales, have notably doubled their holdings, as indicated by recent data from blockchain analytics firm CryptoQuant. Divergence in cost bases across different Bitcoin holders provides valuable insights into market dynamics and profitability. According to CryptoQuant CEO Ki Young Ju, the average cost basis for new custodial wallets and ETFs stands at $62,000, which is roughly 6% below the current market price. An in-depth look into Bitcoin...