10x Research: The average holding price of buyers of the US Bitcoin spot ETF is about $57,300
On May 1st, 10x Research officially announced on social media that the organization has accurately predicted three significant pullbacks in this bull market. However, this adjustment is different from previous ones because institutional investors' risk management methods differ from those of most retail traders. The estimated average entry price for American Bitcoin ETF holders is around $57,300, possibly even higher by 1-2%, and the current Bitcoin price is approaching that level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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