Glassnode’s analysis, which segments data into cohorts based on the year of Bitcoin acquisition, offers valuable insights into the evolving dynamics of the market. Specifically, the 2024 cohort stands out for its remarkable resilience, as evidenced by its willingness to purchase Bitcoin at incrementally higher prices. Despite the inherent risk associated with buying during periods of price escalation, these investors have demonstrated a strong appetite for acquiring Bitcoin, contributing to a notable 20% profit margin for the year.·
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