On April 2, Glassnode posted on social media that although the share of wealth held by investors who bought BTC 3-5 years ago has dropped by 3 percentage points since Bitcoin reached its peak in November 2024, it is still at an all-time high.
The cost base for this investor group is between $3,600 at the 2020 low and $69,000 at the 2021 high.
This shows that most investors entering the market from 2020 to 2022 are still holding it. By comparison, more than two-thirds of investors who bought BTC 5-7 years ago exited their positions when they peaked in December 2024.
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