Glassnode
Glassnode reports the average acquisition cost for U.S. spot‑ETF Bitcoin holders at $81,500 as of Oct 22 2026, unchanged from earlier counts. On‑chain analysis shows a 4‑billion‑BTC cluster purchased above $85k‑$118k, with a 84‑85k band repeatedly turning Bitcoin back. The 85‑k resistance has been tested four times in 2026, each time pushing the price lower. Glassnode’s weekly report notes that ETF net inflows grew to $424 m in the first quarter of the week, while long‑term holders still hold roughly 4 m BTC bought at those elevated prices, eroding their unrealized profits. Glassnode’s findings fall into three broad areas, providing analysis of Bitcoin’s demand, supply, and market sentiment James Check was a former Glassnode analyst· Entity summary generated by Graphiti
Relation timeline
BY VALID-FROM DATE- James CheckFORMERLY EMPLOYED BYGlassnode
James Check was a former Glassnode analyst
- GlassnodePROVIDES ANALYSIS OFBitcoin
Glassnode’s findings fall into three broad areas, providing analysis of Bitcoin’s demand, supply, and market sentiment
- BitcoinANALYZED BYGlassnode
Bitcoin was analysed by Glassnode
- GlassnodeTIES RESISTANCE TOBitcoin
Glassnode ties resistance to Bitcoin at $85,000
- GlassnodePUBLISHESThe Week Onchain
Glassnode publishes The Week Onchain
- GlassnodeREPORTS HOLDINGS FORBitcoin
Glassnode reports holdings for Bitcoin
- U.S. spot Bitcoin ETFsCOST BASIS ESTIMATED BYGlassnode
Glassnode estimates the aggregate cost basis of US spot Bitcoin ETFs
- BitcoinHAS DATA FROMGlassnode
Bitcoin hash rate data is sourced from Glassnode
- GlassnodeHAS LONG TERM HOLDINGS OFBitcoin
about 4 million BTC bought between $85,000 and $118,000
- GlassnodePROVIDES SNAPSHOT FORBitcoin
Glassnode provides a snapshot for Bitcoin network
- GlassnodeSHOWS RECENT BUYERS COOLED OFF FORBitcoin
Glassnode shows recent buyers have cooled off for Bitcoin (BTC).
- GlassnodeREPORTS ONBitcoin futures market
Glassnode’s latest market report states that Bitcoin futures market remains heavily exposed to further price swings
- BitcoinHAS DATA FROMGlassnode
Bitcoin has data from Glassnode
- GlassnodeESTIMATES FORBitcoin
Glassnode estimates the average price per Bitcoin, placing the average corporate treasury position at a loss.
- GlassnodeESTIMATED PRICE OFBitcoin
Glassnode estimated the average purchase price of Bitcoin held by U.S. spot ETFs at $81,500 on Oct. 22, 2026.
- GlassnodeRECORDED NET OUTFLOWS FORBitcoin
Glassnode recorded net outflows for Bitcoin (BTC) spot ETFs on Oct. 22, amounting to 3,964 BTC ($322 million)
- BitcoinAVERAGE COST BASE INFOGlassnode
Bitcoin treasuries hold BTC at an average cost basis of about $80,000, according to Glassnode
- BitcoinNET PURCHASES REDUCEDGlassnode
Monthly net purchases of Bitcoin treasuries have shrunk to a few thousand BTC, far below 2025 peaks, per Glassnode
- GlassnodePROVIDED DATA ONBitcoin
Glassnode provided data on Bitcoin’s price levels and liquidation clusters
- BitcoinESTIMATED ACQUISITION COST BYGlassnode
Bitcoin's average acquisition cost is estimated by Glassnode
- GlassnodeDESCRIBESProximity Support Index
Glassnode’s reports describe the Proximity Support Index and its role in measuring Bitcoin support.
- GlassnodeDESCRIBESResistance Index
Glassnode’s analysis also describes the Resistance Index and its measure of Bitcoin resistance.
- GlassnodeANALYZES SUPPORT FORBitcoin
Glassnode’s proximity‑weighted cost‑basis framework analyzes support levels for Bitcoin ahead of the Oct. 27–28 Federal Reserve meeting.
- GlassnodeCALCULATES COST BASIS FORU.S. spot Bitcoin ETFs
Glassnode calculates the spot ETF cost basis
- GlassnodeREPORTS FLOW FORSolana
Glassnode REPORTS_FLOW_FOR Solana (SOL)
- GlassnodeREPORTSBitcoin
Glassnode reports Bitcoin's 25‑delta options skew climbed from 5.2 % to 8.6 % over the preceding week
- GlassnodeREPORTSBitcoin
Glassnode reports Bitcoin's spot cumulative volume delta widened from –$67 million to –$83.6 million over the week, indicating selling pressure
- GlassnodeREPORTSBitcoin
Glassnode reports Bitcoin options open interest rose 3.1 % to $38.6 billion from $37.4 billion the prior week
- GlassnodeREPORTSBitcoin
Glassnode reports Bitcoin's 25‑delta skew rose 3.4 percentage points (from 5.2 % to 8.6 %) during the week
- GlassnodeANALYZEDBitcoin
Glassnode analyzes Bitcoin
- BeInCryptoCITESGlassnode
BeInCrypto cites Glassnode data regarding Bitcoin bid blocks and cost basis
- GlassnodeREPORTS XRP FUTURES OPEN INTEREST BINANCE PERCENTAGEBinance
Glassnode reports that Binance holds about 27% of XRP futures open interest.
- GlassnodeREPORTS XRP FUTURES OPEN INTEREST TOTALXRP
Glassnode reports that the total open interest for XRP futures is over $1.4 billion.
- GlassnodeSETS COST BASIS FORBitcoin
Glassnode set $88,000 as the cost basis for Bitcoin buyers with six-to-12-month holding periods
- GlassnodeREPORTS XRP FUTURES OPEN INTEREST BINANCEBinance
Glassnode reports that Binance’s share of XRP futures open interest is $385.4 million.
- GlassnodeREPORTED ONBitcoin
Glassnode reported the aggregate cost basis of Bitcoin held by US spot ETFs
- GlassnodeIDENTIFIED EXPONDED KEYS FORBitcoin
Glassnode identified exposed keys for Bitcoin
- GlassnodeINDICATES LEVEL FORBitcoin
Glassnode flags $80 000 as a key level for Bitcoin
- GlassnodePROVIDES DATA ONBitcoin
Glassnode posted a tweet showing Bitcoin price cluster data
- GlassnodeOBSERVED PRICE MOVEMENT OFBitcoin
Glassnode observed the price movement of Bitcoin (BTC) following the CPI report
Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.
Events 5
- Bitcoin Is Beating the S&P 500, so Why Is $85,000 Still Out of Reach?1 cited report · 2026-10-30
- Why Do Crypto Traders Keep Losing Money? Analyst Bitbull Explains1 cited report · 2026-10-27
- XRP flashes a potential bottom signal, but $15.7 billion in exchange supply threatens recovery1 cited report · 2026-10-21
- Solana Price Faces New Risk Despite Growing On-Chain Adoption1 cited report · 2026-10-21
- XRP 30-day exchange inflows pass 6B tokens as whales move to the sidelines1 cited report · 2026-10-20
Source reports 30
- Bitcoin Is Getting Boring, and That's the Bull Case, Says Market Analyst James CheckBeInCrypto · 2026-10-30
- Bitcoin Is Beating the S&P 500, so Why Is $85,000 Still Out of Reach?BeInCrypto · 2026-10-30
- 4M Bitcoin Bought Above $85K Could Cap Recovery: GlassnodeDecrypt · 2026-10-30
- Bitcoin long-term resistance in focus as analysis sees selling risk above $85KCointelegraph · 2026-10-29
- Fed’s divided rate decision threatens Bitcoin’s comeback as December hike loomsCryptoSlate · 2026-10-29
- Bitcoin Miners Are Leaving for AI. So Why Is Hash Rate Near a Record?BeInCrypto · 2026-10-28
- Bitcoin moves over $5 billion in value but miners collect just $185,000 in transaction feesCryptoSlate · 2026-10-27
- Bitcoin Heads for a Red October With 4 Bullish Signals Still IntactBeInCrypto · 2026-10-27
- Why Do Crypto Traders Keep Losing Money? Analyst Bitbull ExplainsBeInCrypto · 2026-10-27
- Bettors Expect a Democratic Midterm Win. How Gold, Bitcoin, and Stocks Could Feel ItBeInCrypto · 2026-10-26
- Why Bitcoin's Next Market Cycle May Look Very Different – BloFin CEOBeInCrypto · 2026-10-25
- Bitcoin Loses $80,000 as $200 Million in Leverage Unwinds in an HourBeInCrypto · 2026-10-24
- Bitcoin ETFs shed $635 million as BTC tests their holdings’ estimated $81,500 cost basisCryptoSlate · 2026-10-24
- Bitcoin Loses Key Support Ahead of the Weekend. Is a Big Move Coming?BeInCrypto · 2026-10-23
- Bitcoin Price Erases Two-Day Gains After $85,000 Rejection: Will it Fall to $80,000?BeInCrypto · 2026-10-22
- Is the 21st Bitcoin’s Unlucky Date? Its Latest Breakout Just Fell ApartBeInCrypto · 2026-10-22
- Bitcoin’s $80,000 floor faces Friday inflation test as ETF inflows lose momentumCryptoSlate · 2026-10-22
- XRP flashes a potential bottom signal, but $15.7 billion in exchange supply threatens recoveryCryptoSlate · 2026-10-21
- Bitcoin is back near $83,000. Here’s how to assess its supportCryptoSlate · 2026-10-21
- Bitcoin ‘top buyers’ halt BTC price upside with $87.7K now key: GlassnodeCointelegraph · 2026-10-21
- Solana Price Faces New Risk Despite Growing On-Chain AdoptionBeInCrypto · 2026-10-21
- Bitcoin’s next selloff could be amplified by the traders still betting on its recoveryCryptoSlate · 2026-10-21
- TRON’s Justin Sun Turns Bearish on Bitcoin Over AI and Quantum RisksBeInCrypto · 2026-10-20
- XRP 30-day exchange inflows pass 6B tokens as whales move to the sidelinesCointelegraph · 2026-10-20
- Bitcoin ETFs Pull $526.6 Million, Their Biggest Day Since September 22BeInCrypto · 2026-10-20
- Bitcoin faces an $8,000 trading trap as US midterms approachCryptoSlate · 2026-10-16
- Quantum fixes protect Bitcoin, but legit owners risk lockoutCryptoSlate · 2026-10-16
- Bitcoin Whipsaws as Crypto Liquidations Near $1 BillionDecrypt · 2026-10-15
- Bitcoin Just Fell Below $80,000: What Triggered the Selloff?BeInCrypto · 2026-10-15
- Bitcoin’s $80,000 buy wall hides a liquidation trap that could send prices toward $78,000CryptoSlate · 2026-10-15