Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
35%
Share
$2.5K
Minimum
Sell pressure on BTC could intensify and the decline could accelerate if the price falls toward $74,400, the average entry price for recent buyers, Bitfinex said on X. The exchange explained that long-term BTC holders have an average cost basis of $49,300, leaving the current price around 64% above their purchase price, while recent buyers have an average entry price of $74,400 and gains of just 9%, making them more likely to sell if BTC drops to that level.