💼 More than 420,000 bitcoins (BTC) now have a basis value, or average purchase price, of around $94,000.

This significant volume of cryptoasset, purchased at a similar price, forms one of the strongest support zones in the current bitcoin market cycle.

⚡️ This dense accumulation cluster showed its resilience during the consolidation phase in early May. It was this price point that helped bitcoin stay afloat, providing a critical launching pad for a breakout to new all-time highs.