... cost, insurance and freight (CIF) basis — an arrangement under which buyers assume the responsibility of import costs and final delivery following the arrival of commodities at the destination port.
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The framework Adler uses compares Bitcoin’s current price to the cost basis of short-term holders — the average price at which recent buyers entered the market ... cost basis sat around $112,000.
Further explaining, @Sherlockwhales stated that the average cost basis for all US Spot Bitcoin ETF holders is currently $87,830 ... Similarly, @Sherlockwhales noted that the short-term holder cost basis currently sits around $80,100.
The metric combines three interesting elements, such as the Distribution Clusters, which measure buying and selling activity, the TrueMarketMean Price, and the Short-Term Holder Cost Basis.
... basis that most people chose to attend a speech by a pedophile, rapist, and traitor, and are thus complicit) but I really hope it doesn't come to that.Read the original article on Business Insider.