Glassnode: High-Conviction Buyers Have Accumulated BTC Steadily Since January, Supply Share Higher Than Last Cycle
Glassnode stated that high-conviction buyers have been steadily accumulating BTC since January this year, with similar accumulation behavior previously seen in 2022. Notably, in the current cycle, the…
Glassnode stated that high-conviction buyers have been steadily accumulating BTC since January this year, with similar accumulation behavior previously seen in 2022. Notably, in the current cycle, the proportion of BTC purchased by such buyers relative to the total supply has already exceeded that of the previous cycle.
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