bitcoin and on-chain data tracker while the last hours are quite active in other cryptocurrencies glassnodehas released new research data on the bottom line of Bitcoin investors.
According to graphs created by Glassnode using on-chain data, most BTC investors are currently at a loss. The newly shared Bitcoin UTXO Actual Price Breakout chart shows movements in certain price ranges. BTC shows the number. By analyzing Bitcoin UTXO data, Glassnode analysts explained how much of the investors are at a loss.
According to Glassnode officials, only 25% of investors bought Bitcoin under $17,500. 14% of the investors bought Bitcoin between 17,600-22,200 thousand dollars.
Leader cryptocurrency The rate of investors who buy when the unit is over $22,000 is 61%. Based on these data, analysts concluded that most of the BTC investors are at a loss.
Where Did Long-Term Investors Buy BTC?
Another important data shared by Glassnode is on what price different class investors buy BTC. on-chain follower divided the investor classes into stock markets, long-term and short-term.
As seen in the chart, short-term investors indicated by red bars made most of their purchases in the $18,000-25,000 range.
Long-term investors highlighted in blue have a broader price scale for buying BTC. Finally, the Bitcoins bought by the exchanges seem to be spread in the range of $ 20,000-40,000 in general.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!