The chart below presents a breakdown of the Bitcoin supply by the cost basis at which it was acquired.
We can see that the vast majority of coins (87%) were acquired below $48k, with a very large cluster of Short-Term Holder supply located between $40k and $45k.
However, Long-Term Holders dominate the 13% of supply held in loss, reflecting 'top buyers' from the 2021 rounded top and ATH.
Discover more in the latest Week On-Chain below 👇
https://glassno.de/3wfrElD
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