bibibi.ccLoading…
Connect scattered updates into a story you can understand.
On-chain data show that Bitcoin long-term holders have an average cost basis of approximately 48,600 USD, with the current price approximately 72%higher, while the cost basis has declined moderately recently.
2025 Investors who bought Bitcoin in have an average cost of approximately 88,000 USD, and remain overall in unrealized losses. The average cost of U.S. spot Bitcoin ETF fund capital is approximately 82,300 USD, which could provide support during a pullback.
U.S. cryptocurrency brokers are for the first time reporting certain digital asset sales proceeds to IRS, but in 2025 they generally do not need to report cost basis. Some taxpayers report that 1099-DA information is incomplete or inconsistent with transaction records.