The average cost of a Bitcoin whale with more than 1,000 BTC is around $15,800, according to Glassnode.

Glassnode, a popular cryptocurrency analytics company. has revealed the average price that whales have accumulated It found that the average price was around $15,800 during the period between now and January 2017, with wallets containing over 1,000 BTC.

“If we estimate the amount of Bitcoins flowing into and out of the whales exchange (>1K BTC), we can estimate their cost (actual price) by finding that the average whale deposit/withdrawal price. As of January 2017, it’s around $15.8K.

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