A report from CryptoQuant, published on October 16, 2026, indicates that new Bitcoin whales now control 33.06% of the total whale realized cap. This segment currently holds $78.61 billion in realized cap, while old whales hold $159.15 billion.
CryptoQuant defines new whales as addresses holding over 1,000 BTC with UTXOs younger than 155 days. The share of these holders grew from approximately 18% earlier in 2026 to 33.06% by October 15. This growth is attributed to institutional and ETF inflows.
The aggregate cost basis for new whales fell to approximately $68,000 in late August and has since recovered to around $77,000. As of October 16, Bitcoin traded at approximately $82,134, which is 6.7% above the cost basis of the new whale cohort.
