PANews reported on August 5 that according to Glassnode monitoring, the gap in the Bitcoin price range of US$109,000 to US$116,000 was gradually filled by market corrections, forming a step-by-step trend, indicating that investor participation has been relatively stable over the past month.

Meanwhile, the distribution in the $118,000 to $120,000 range remains relatively limited, suggesting that holders in this range tend to continue holding onto their coins.