Coin Bureau News reports that a certain strategy holds 761,100 bitcoins with an average cost of $75,700, accounting for approximately 3.6% of circulating supply. As the bitcoin price has dropped to approximately $67,800, the position faces approximately $5.25 billion in unrealized losses, with short-term technical indicators showing oversold conditions.
Coin Bureau News reports that a certain strategy holds 761,100 bitcoins with an average cost of $75,700, accounting for approximately 3.6% of circulating supply. As the bitcoin price has dropped to approximately $67,800, the position faces approximately $5.25 billion in unrealized losses, with short-term technical indicators showing oversold conditions.