Glassnode: 1.05 Million BTC Long-Term Holders in the $83,000 to $86,000 Range

According to Glassnode data, with spot prices above $79,000, the first significant cost concentration zone is between $83,000 and $86,000, where approximately 1.05 million BTC are held by long-term holders. This portion of the supply has largely remained unsold throughout the entire correction, making it a critical zone to test whether patient holders will sell near their break-even point. Below, in the $62,000 to $65,000 range, there are about 1.44 million BTC, with nearly two-thirds held by recent buyers. Glassnode notes that recent buyers are providing support, while long-term holders constitute the supply wall above, with short-term holders' cost basis around $70,000.

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