10x Research: The average holding price of US Bitcoin spot ETF buyers is about $57,300
According to BlockBeats, on May 1, 10x Research officially posted on social media that the agency has accurately predicted three major pullbacks in this round of bull market.
However, this adjustment is different from the past because institutional investors have different risk management methods from most retail traders. The average entry price for US Bitcoin ETF holders in its estimate is about $57,300, or even 1-2% higher, and the current Bitcoin price is approaching this level.
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