Almost 10% Of Bitcoin Supply Bought Above $60,000: Glassnode
Summary
Around 9.5% of the Bitcoin supply, totaling 1.875 million BTC, was acquired at prices higher than $60,000. The majority of these purchases were made by short-term holders (STHs), but some long-term holders (LTHs) also bought at these levels. LTHs have been selling off their supply, with 900,000 BTC shed since December, including 286,000 BTC attributed to Grayscale Bitcoin Trust outflows. Despite a recent 3% drop, Bitcoin is currently trading at around $66,100.
