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Major Bitcoin holdings update: A leading institutional accumulator purchased an additional 1,229 BTC (valued at $108.85M) at the $88,568 level last week.
Current position snapshot: The entity now controls 672,497 BTC worth $58.7B, with a cost basis averaging $74,997 per coin. This translates to an unrealized gain of $8.31B, representing a +16% return on the total position.
The consistent accumulation pattern reflects strong conviction in Bitcoin's long-term value proposition, particularly as macroeconomic factors and institutional adoption continue reshaping digital asset markets.