If we assess #Bitcoin volumes flowing in and out of exchanges by Whale sized entities (> 1k $BTC), we can estimate their cost basis (Realized Price).
The average price of Whale Deposits/Withdrawals since Jan-2017 is currently around $15.8k.
Price : $ 20,200
BITCOIN DOMINANCE : 41,84%
TOTAL MARKET CAP $ : 0.92T
The buyer this time confidently holds the price above $ 20,000, so I think we can consider medium-term LONGS on the market.
