Glassnode: Bitcoin New Investor Ratio Spikes Significantly, Absorbing Selling Pressure to Maintain Key Support

BlockBeats News, January 12th, according to Glassnode data, a significant shift is occurring in Bitcoin's ownership trend. The proportion of Bitcoin held by new investors (addresses holding coins for less than three months) has seen a substantial increase, currently accounting for 49.6% of the network's liquidity. New capital is increasingly entering the market, even as experienced investors are reallocating their holdings.

Despite widespread panic in the entire cryptocurrency market, Bitcoin continues to demonstrate resilience and maintain its dominance. The influx of new participants has absorbed selling pressure, keeping Bitcoin above the key support level of $92,000.