Glassnode: High-conviction buyers have been accumulating BTC since January this year, with their share of supply held higher than the previous cycle

Odaily News, Glassnode stated that high-conviction buyers have been steadily accumulating BTC since January this year, with similar accumulation behavior last seen in 2022. Notably, in this cycle, the proportion of total BTC supply purchased by these buyers has already surpassed that of the previous cycle.