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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #873 14.3K
During the last two bull markets, the aggregate share of Bitcoin wealth aged less than 6-months old reached between 84% and 95%, indicating a saturation of newer holders.

This metric has increased dramatically since early 2023, rising from 20% on 1-Jan-2023 to 47% today. This suggests that the capital held within the Bitcoin holder base is roughly balanced between long-term holders and new demand.

Discover more in the latest Week On-Chain below👇
https://glassno.de/43OJxEt
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