On April 2, analytics provider Glassnode reported that long-term holders began selling BTC to new investors at higher prices. 📈 This led to an influx of new capital into the asset, increasing realized capitalization to new heights.

However, the analysis was carried out as Bitcoin approached its all-time high for the second time, and before markets began to retreat this week. BTC peaked at $73,734 on March 14, retreated 17% and returned to $71,550 on March 28 before resistance proved too strong.

However, Glassnode reported that realized capitalization also reached a new all-time high of $540 billion and continues to grow at an unprecedented rate of over $79 billion per month.

There was a sharp increase in coins less than three months old. "These new investors now own about 44% of the network's total wealth," the report said.

Glassnode's findings are that there has been a "clear shift in investor behavior patterns." "Long-term holders are aggressively realizing profits, awakening dormant inventory to meet new demand at higher prices." 📉