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 reported that high-conviction buyers have been steadily accumulating BTC since January this year, a pattern of accumulation previously observed in 2022. Notably, in this cycle, the proportion of BTC purchased by such buyers relative to the total supply has already surpassed that of the previous cycle.