URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range
Bitcoin has maintained a price above $60,000 since Feb. 28, briefly dipping below the level only twice — once on March 5 and during a brief period between April 17 and April 19.
Although Bitcoin briefly surpassed $70,000 multiple times in March and April, the URPD metric reveals a significant accumulation of supply between $60,000 and $65,000 — with BTC trading within this range for the past two weeks.
Approximately 7% of the total supply is concentrated within this range as of April 26, based on Glassnode data.
