NewsBTC •
May 8, 2026 at 05:20 •
Analysis
Bitcoin is trading above $80,000 as the market prepares for what is shaping up to be a decisive directional move. The recovery from the recent correction has been meaningful — but a CryptoQuant report has identified the specific mechanism that prevented the decline from becoming considerably worse, and understanding it changes how the current price level should be read. Related Reading: Retail Capitulation Hits AAVE, But Smart Money Starts Positioning: Here The Post-Crisis Market Structure The report examines the realized prices of different whale cohorts — the average cost basis of large Bitcoin holders segmented by how recently they have been active. When the spot price falls toward a whale cohort’s realized price, it approaches the level at which those holders wou...