Data: Bitcoin is testing the "cost price defense line" of new giant whales, and the future trend will be crucial

ChainCatcher message, CryptoOnchain has released on-chain data indicating that Bitcoin is currently testing a key support level------the "cost price defense line" of the newly emerged whales. This defense line represents the average holding cost of large new funds entering the market.

Historical data shows that whales usually defend this cost line to avoid losses, and this position has often become a strong demand bottom in the past. The current core suspense in the market is whether whales will step in to support the price again. Therefore, the upcoming price action (i.e., the reaction at the key position) is crucial.