BTC Short-term holders’ average cost basis is approximately 76000 USD, with unrealized profit margin falling to 5.9%

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Analysis:BTC Short-term holders’ unrealized profit margin fell to 5.9%，76000 USD becoming a key cost basis line

BlockBeats reported that CryptoQuant analyst Axel Adler Jr wrote that the average cost basis of those holding for less than October 26, CryptoQuant analyst Axel Adler Jr wrote that the current average cost basis of those holding for less than 6 months of BTC is approximately 76000 USD, with the current price approximately 5.9%.

Over the past 1 weeks, this group’s unrealized profit margin narrowed from 8.7%to 5.9%, while over the same period, the BTC price fell by approximately 1000 USD, and its average holding cost rose by approximately 1100 USD. Data shows that the average cost basis of those holding for less than 6 months of BTC is approximately 6 months of BTC’s average cost basis, at 1.56 times, respectively, namely 76000 USD and 48600 USD. This ratio rose from 1.54 to 1.56, mainly driven by the increase in short-term holders’ average cost basis, while long-term holders’ average cost basis remained largely unchanged.

Axel Adler Jr pointed out that if BTC falls below 76000 USD, the portion of 6 purchased over the past BTC months will collectively become unrealized-loss-making. The last time this occurred was in mid-August this year. It should be noted that the average cost basis does not mean that all recent buyers are in profit; some investors who bought at higher prices may still be facing losses.

Original link https://m.theblockbeats.info/flash/373701

Key points

CryptoQuant analyst Axel Adler Jr said that the average cost basis of those holding for less than 6 months of BTC is approximately 76000 USD。
The current price is approximately higher than this average cost basis by 5.9%。
Over the past 1 weeks, this group’s unrealized profit margin narrowed from 8.7%to 5.9%。
During the same period, the BTC price fell by approximately 1000 USD, while its average holding cost rose by approximately 1100 USD。
Those holding for less than 6 months of BTC have an average cost basis of 76000 USD, while those holding for more than 6 months of BTC have an average cost basis of 48600 USD。
If BTC falls below 76000 USD, the portion purchased over the past 6 months of BTC will collectively become unrealized-loss-making.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Short-term holders’ average purchase cost is approaching BTC the current price, and the profit buffer is smaller than it was 1 weeks ago. If the price falls below approximately 76000 USD, this group of holders may collectively enter unrealized losses according to the analysis.

Why it matters to readers

76000 USD is considered the average cost basis line for short-term holders; whether the price holds above this level can be used to observe changes in the unrealized profit and loss of recent buyers.

The average cost basis is a group average and does not mean that every recent buyer is profitable; those who bought at higher prices may still be facing losses.

Risks and unknowns

The report cited the views of CryptoQuant analyst Axel Adler Jr; the original text did not provide independently verifiable data or calculation methodology.
76000 USD is the group’s average cost basis, not the individual cost basis of all short-term holders.
The evidence does not state BTC whether it will subsequently fall below or remain above 76000 USD。

BTC Short-term holders’ average cost basis is approximately 76000 USD, with unrealized profit margin falling to 5.9%

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