<ul><li>Bitcoin investors who bought BTC in 2020 or later are still holding onto their holdings despite high prices.</li><li>Majority of investors who entered between 2020 and 2022 are still holding their Bitcoin.</li><li>Investors who bought BTC 5-7 years ago largely exited their positions by 2024 peak.</li><li>Current short-term holders of Bitcoin hold around 40% of the network wealth, showing a more distributed bull market.</li></ul>

Bitcoin sales at $109K all-time high 'significantly below' cycle tops — Research

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