Bitcoin’s realised capitalisation hits a record high — a sign of a new bull run?
The average purchase price for “new whales” was $91,922; they now control 52.4% of coins held by large holders. Bitcoin held in spot ETFs is nearing the record 1.182m BTC. Falling implied volatility has set the stage for abrupt price moves. On 8 May Bitcoin’s realised capitalisation reached a record $890.74bn — a potential sign […]