Analysis: Average Cost of BTC Losing Positions Drops to $93,600

AirdropBlackHole · 2026-04-05T11:41:18+00:00

On-chain analyst Murphy revealed that the average cost of losing Bitcoin positions has dropped to $93,600. This indicates that Bitcoin must reach $93,000 to hit the market’s average breakeven point, following significant sell-offs by trapped holders.

AirdropBlackHole

2026-04-05 11:41:18

Abstract generation in progress

On-chain analyst Murphy stated that the current average cost of all losing Bitcoin positions has fallen below $100,000, now at only $93,600. This means that under the current position structure, Bitcoin will reach the market’s average breakeven point when it rises back to $93,000. During the two rapid declines at the end of last year and the beginning of this year, a large number of high-position trapped holders chose to cut losses and exit, lowering the average cost of all unrealized losing positions.

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