Bitcoin's remarkable performance continues to rewrite records, particularly for various investor cohorts. Recent data from Glassnode indicates that Bitcoin purchased on exchanges annually since 2017 is now, on average, in a profitable position, with the magic threshold set at $37,000. This milestone reflects the positive impact on users who withdrew Bitcoin since January 1, 2017, providing them with an overall profitable experience.
Glassnode's data underscores the ongoing strength of Bitcoin prices and their influence on diverse investor groups, emphasizing a broader trend of positive returns.
