According to Glassnode, a record amount of Bitcoin (BTC) has been changing hands near the current spot price of $30,000, making it the most popular "buy" level ever. The data suggests significant demand for the cryptocurrency at this price point, despite the recent price action stalling.

Glassnode's Entity-Adjusted URPD metric shows that 3.8% of the total BTC supply last moved at $30,200, even more than at the 2022 post-FTX bottom.

Additionally, Glassnode's Hodled or Lost Coins metric indicates that old hands are uninterested in selling their stake, with 7.77 million BTC currently being held or lost.