According to Odaily Planet Daily, CryptoQuant founder and CEO Ki Young Ju released a Bitcoin data briefing on the X platform, noting that the average cost of a Bitcoin wallet is currently around $55,900, with holders averaging a 93% profit margin. On-chain fund inflows remain strong, and the amount of Bitcoin flowing from spot exchanges to futures exchanges has decreased significantly recently. This suggests that whales are no longer as actively using Bitcoin as collateral to open new long positions as before. Despite the recent drop in Bitcoin prices, its leverage ratio remains high.