According to Glassnode, $BTC cost basis dynamics are showing a positive trend, with newer investors playing a key role in influencing price movements. Investors who have held $BTC for 1 week to 1 month now exhibit a lower cost basis compared to those holding for 1-3 months, indicating early signs of a potential accumulation phase. While short-term holders are experiencing capital outflows, this could signal the entry of stronger hands, as long-term investors capitalize on lower prices, potentially laying the foundation for future growth.
