Recent insights from the on-chain analytics company Glassnode have shown that approximately 9.5% of Bitcoin's (CRYPTO:BTC) total supply was transacted over the $60,000 price mark.

In a detailed weekly report, Glassnode highlighted the distribution dynamics of Bitcoin, focusing on the various price levels at which investors have bought into the cryptocurrency.

This analysis reveals that 1.87 million Bitcoin were acquired when the price was above $60,000, indicating a significant amount of investment at these higher valuation levels.

This data offers a unique perspective on investor behavior and market trends, underscoring the confidence some have in Bitcoin's value beyond the $60,000 threshold.