About 592,000 Bitcoins, or 3.45 percent of the circulating supply, were purchased at $30,200, Glassnode data shows.
This suggests that a small price movement in either direction could cause 3.45% of the circulating supply to go into profit or loss respectively.
Additionally, 3.71% of Bitcoin’s circulating supply (equivalent to 637,000 BTC) was purchased at $16,500, and 3.05% (equivalent to 523,000 BTC) was purchased at a price of $26,800.