Glassnode: Most investors who bought BTC between 2020 and 2022 are still holding it
Glassnode stated that although the wealth share held by investors who bought BTC 3-5 years ago has dropped by 3 percentage points since Bitcoin reached its peak in November 2024, it is still at a historical high. The cost basis of this group of investors ranges between $3,600 at the low point in 2020 and $69,000 at the high point in 2021. This indicates that most investors who entered the market from 2020 to 2022 are still holding on. In contrast, more than two-thirds of those who bought BTC five to seven years ago exited their positions when they peaked in December 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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