Odaily News Glassnode published an article stating that although the share of wealth held by investors who bought BTC 3-5 years ago has fallen by 3 percentage points since Bitcoin reached its current peak in November 2024, it is still at a historical high overall. The cost basis of this investor group is between $3,600 at the 2020 low and $69,000 at the 2021 high. This shows that most investors who entered the market between 2020 and 2022 are still holding. In contrast, more than two-thirds of investors who bought BTC 5-7 years ago exited their positions when it peaked in December 2024.