[Glassnode: 1–2 Year Bitcoin Holders' Average Cost $97,000, Still at Unrealized Loss] Golden Finance reported on October 3 that Glassnode stated two categories of Bitcoin holders are currently still in a state of unrealized loss. The average cost for 1–2 year holders is approximately $97,000, while for 6–12 month holders, it is around $89,000. Among them, investors who bought at the peak during the 2025 rally are currently the most active in selling, with daily outflow volumes at a yearly high. In contrast, investors who bought during the subsequent downturn phase are showing significantly less selling pressure. Glassnode believes that cost basis is significantly influencing the current selling behavior of different holder groups.