High conviction buyers have been accumulating $BTC since January.

Rickler Feed (@rickler_feed), Aug 20, 2026, 20:02 UTC

High conviction buyers have been accumulating $BTC since January. We saw similar behavior in 2022. This cycle, the share of supply that was bought by this cohort is even larger than last cycle. https://twitter.com/glassnode/status/2089739670242660761

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