Bitcoin Holds Above $113K Cost Basis After Whale Accumulates $309M

Bitcoin gained 1.23% in October, trading 7% below levels needed to fully recover from mid-month losses. A single address accumulated 2,772 BTC worth approximately $309 million on October 26, bringing the entity's estimated average acquisition price to $111K. On-chain data show 91% of circulating supply now sits in profit, with short-term holder cost basis rising above $113K.