BTC investors from 2020–2022 hold firm despite price surge

Most investors who purchased Bitcoin (BTC) between 2020 and 2022 continue to hold despite significant price increases, Cointelegraph reported. According to Glassnode, their share of BTC holdings has declined by 3% since BTC’s all-time high in November but remains historically high. This indicates that long-term holders from this period are not selling even at current levels. In contrast, over two-thirds of investors who bought BTC five to seven years ago exited the market by December 2024.