Summary
- "It was reported that many investors who bought Bitcoin between 2020 and 2022 are still holding it."
- "Even after Bitcoin reached its all-time high, only about 3% was sold, indicating that most investors are holding long-term."
- "However, it was added that more than two-thirds of investors who bought 5-7 years ago sold last November."
It appears that many investors who purchased Bitcoin (BTC) between 2020 and 2022 are still holding onto their Bitcoin.
According to Cointelegraph on the 2nd (local time), Glassnode reported that "the holdings of investors who bought Bitcoin 3-5 years ago have decreased by about 3% since reaching the all-time high," stating, "This is a very high figure, indicating that most investors are still holding Bitcoin." It added, "On the other hand, more than two-thirds of investors who bought Bitcoin 5-7 years ago sold their Bitcoin last November."
As of 5:50 PM, Bitcoin is trading at $84,661 on the Binance USDT market, up 0.62% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
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