Data: More than 848,000 addresses bought $25 billion worth of BTC at an average price of $52,125, and are currently in a floating loss state

According to TechFlow, Lookonchain said on X that according to IntoTheBlock data, 848,390 addresses purchased 481,710 BTC at an average price of $52,125, equivalent to about $25 billion. These addresses are currently in a floating loss state, and when their positions reach a break-even point, selling pressure may be generated.