Glassnode data indicates strong, broad-based accumulation across both retail investors and whale cohorts, with the Accumulation Trend Score reaching its highest level in the current market drawdown.
Bitcoin’s (BTC) dip below $60,000 earlier this month triggered a wave of buying, with nearly 260,000 BTC accumulated over a 10-day period. A key demand metric has now hit its maximum possible reading.
Since June 5, investors have added a net 259,298 BTC in the $59,000–$67,000 range, according to Glassnode’s UTXO Realized Price Distribution. The Accumulation Trend Score by Wallet Cohort—which measures buying strength based on participant size and volume over the past 15 days—currently stands at 1.0, its highest level.
Accumulation has been widespread across wallet segments, from smaller holders with less than 1 BTC, typically retail participants, to large wallets holding up to 1,000 BTC. This represents a notable shift from March through May, when most cohorts were net sellers as Bitcoin traded sideways near $70,000.
The overall Accumulation Trend Score has remained at peak levels for over two weeks, signaling sustained and aggressive buying across investor groups and marking the strongest accumulation phase seen during the current pullback.
