๐ BITCOIN ETF HOLDERS MOVE BACK INTO PROFIT AS $BTC CLEARS $81,722.
โข Bitcoin climbed above $85,000 on Monday, pushing the average U.S. spot Bitcoin ETF holder back into unrealized profit after remaining below their estimated $81,722 cost basis since January.
โข U.S. spot Bitcoin ETFs recorded roughly $433M in net inflows on Friday, adding to renewed institutional demand as short covering helped fuel the latest rally.
โข Reclaiming the ETF cohortโs cost basis could influence investor behavior, especially among holders who may have been waiting for BTC to recover before adjusting their positions.
โข The key level now is $81,722. Holding above it could strengthen the recovery structure, while a move back below would raise questions about whether the latest rally can sustain its momentum.
$BTC
#BTC
โข Bitcoin climbed above $85,000 on Monday, pushing the average U.S. spot Bitcoin ETF holder back into unrealized profit after remaining below their estimated $81,722 cost basis since January.
โข U.S. spot Bitcoin ETFs recorded roughly $433M in net inflows on Friday, adding to renewed institutional demand as short covering helped fuel the latest rally.
โข Reclaiming the ETF cohortโs cost basis could influence investor behavior, especially among holders who may have been waiting for BTC to recover before adjusting their positions.
โข The key level now is $81,722. Holding above it could strengthen the recovery structure, while a move back below would raise questions about whether the latest rally can sustain its momentum.
$BTC
#BTC
