According to glassnode, Bitcoin's (BTC) short-term holder cost basis is approximately $98.1K, with the cost basis distribution showing a denser supply just below this level, specifically in the $97K–$98K range (source: glassnode, June 23, 2025). This price zone is likely to act as a crucial pivot point during potential market drawdowns, as increased pressure builds on newer investors. Traders should monitor this support area closely, as it could influence near-term BTC price stability and provide actionable entry or exit signals.

According to glassnode, Cost Basis Distribution is now a standalone metric in Glassnode Studio, providing full-resolution charts and precise supply visibility for major Layer 1 cryptocurrencies including SOL, TRX, XRP, DOGE, BNB, and TON (source: glassnode on Twitter, June 20, 2025). This update expands analytical capabilities for traders by allowing more granular assessment of entry points and holder distribution across these coins, supporting more informed trading strategies and enhancing risk analysis on major altcoins.

According to glassnode, TRON (TRX) has established significant support in the $0.26 to $0.27 price range, where over 14 billion TRX tokens are held. This marks the largest concentration of investor positions on the cost basis distribution chart. Above the current price, supply remains relatively thin, indicating limited resistance and suggesting that most holders are positioned below the prevailing market price. Traders should monitor the $0.26–$0.27 zone as a key support level for potential bounce opportunities and limited downside risk. Source: glassnode

According to glassnode, Glassnode Studio has introduced Cost Basis Distribution as a standalone metric, now offering full-resolution charts, precise supply visibility, and expanded support for leading Layer 1 cryptocurrencies such as SOL, TRX, XRP, DOGE, BNB, and TON (source: glassnode on Twitter, June 18, 2025). This enhancement provides traders with granular on-chain data to better evaluate market entry and exit points, optimize risk management, and track the cost basis of tokens across major networks. The expanded asset coverage and improved data resolution are expected to help crypto traders identify accumulation levels and market sentiment shifts more accurately.

According to glassnode, Ethereum (ETH) has broken out of a month-long trading range, with cost basis distribution data showing 1.3 million ETH accumulated between $2,700 and $2,740, and another 800,000 ETH at $2,760. These accumulation levels, established during the recent consolidation, are likely to serve as strong support zones for traders. This breakout and the defined support could signal increased bullish momentum and offer strategic entry points for crypto traders seeking to capitalize on ETH’s price movement (source: glassnode, June 11, 2025).

According to Glassnode, Bitcoin's path to reclaiming $100K faces significant resistance, with a dense cluster of 392K BTC held at ~$97K. This level is critical as many investors may choose to sell at break-even, creating a potential supply barrier.

According to Glassnode, Supply Mapping now tracks five distinct behavioral cohorts: Conviction Buyers, Momentum Buyers, First-Time Buyers, Profit Takers, and Loss Sellers. This enhanced approach adds significant depth to the Cost Basis Distribution, providing insights not only into the location of supply but also the reasons behind its movement. This information is particularly valuable for traders aiming to anticipate market trends and make informed decisions. By understanding these cohorts, traders can better gauge market sentiment and potential price movements.

According to glassnode, Ethereum's Cost Basis Distribution reveals limited support near the current price. Weekly data suggests that addresses with a cost basis of $1.8K have not re-engaged, which clarifies why this price level failed to hold during the recent sell-off.

According to glassnode, the Bitcoin Cost Basis Distribution reveals that efficient traders purchased nearly 15,000 BTC at a $78K low on March 10 and subsequently sold at the $87K local top. This suggests that with minimal BTC remaining at the $78K level, support there has become thin, potentially impacting future price stability.

According to @glassnode, Bitcoin's Cost Basis Distribution has shifted over the past week as volatility intensified. The analysis shows that the previous air gap of thin supply below the $90K levels is being filled, indicating significant market activity where certain holders capitulated while others bought the dip. These changes suggest a redistribution of Bitcoin holdings which could influence future price movements. The charts provided by glassnode illustrate these shifts in distribution, providing insights into market participant behavior.

According to Glassnode, a one-week overview of Bitcoin's Cost Basis Distribution indicates new demand clusters have formed between $84K and $92K. This development suggests potential buying interest within this price range. However, it remains uncertain if this demand is sufficient to counteract the existing sell-side pressure, which could impact price stability and future market movements. This analysis is crucial for traders to assess potential entry and exit points.

According to Glassnode, the $BTC Cost Basis Distribution reveals the last substantial demand zone between $89K and $87K. Below this, investor cost bases are sparse until $71K-$72K, suggesting weaker support and potential bearish control in this price range.

According to Glassnode, the expansion of Cost Basis Distribution to include Ethereum, ERC20, and SPL tokens provides traders with enhanced insight into investor positioning and market dynamics. This development allows for more precise evaluation of cost basis trends, potentially impacting trading strategies and market sentiment. Traders can now better assess where significant price levels may lie and adjust their strategies accordingly, influencing market liquidity and volatility. (Source: @glassnode)

According to Glassnode, Bitcoin's Cost Basis Distribution (CBD) metric indicates that nearly 200,000 BTC was accumulated above the $97.5K level, which explains the support found at this price point amidst downside pressure.