Glassnode: Most investors who bought BTC 5-7 years ago have sold in December last year

BlockBeats News, April 2nd, Glassnode posted on social media that despite a 3-percentage-point decline in the wealth share held by BTC investors who bought 3-5 years ago since Bitcoin reached the peak of this cycle in November 2024, it remains at a historical high.

The cost basis of this investor group ranges between the $3,600 low in 2020 and the $69,000 high in 2021.

This indicates that the majority of investors who entered the market between 2020 and 2022 are still holding. In contrast, among investors who bought BTC 5-7 years ago, over two-thirds had exited their positions by December 2024 when the peak was reached.