Almost 10% Of Bitcoin Supply Bought Above $60,000: Glassnode

Almost 10% Of Bitcoin Supply Bought Above $60,000: Glassnode
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Data from the on-chain analytics firm Glassnode has revealed that around 9.5% of the Bitcoin supply changed hands above the $60,000 level.
1.87 Million Bitcoin Was Acquired At Price Levels Higher Than $60,000
In its latest weekly report, Glassnode has shared how the supply distribution of Bitcoin looks in terms of which levels the investors last bought their coins at.

The chart shows that 9.5% of the entire circulating supply (1.875 million BTC) was bought at prices higher than $60,000. In the same graph, the analytics firm has also highlighted how this distribution breaks down between short-term and long-term holders.
The short-term holder (STH) and long-term holder (LTH) groups make up the two main divisions of the Bitcoin market based on coin holding time.
The cutoff between the two is 155 days, meaning that investors who bought their coins within the last 155 days fall into the short-term holders (STHs) category, while those above belong to the long-term holders (LTHs

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