Glassnode data shows broad-based accumulation across both retail and whale wallets, with the Accumulation Trend Score climbing to its highest level seen in the current drawdown.
Bitcoin’s (BTC) drop below $60,000 earlier this month sparked renewed buying interest, with investors accumulating nearly 260,000 BTC over a 10-day span. One key demand indicator has now reached its maximum possible reading.
Since June 5, a net 259,298 BTC has been purchased in the $59,000–$67,000 range, according to Glassnode’s UTXO Realized Price Distribution data. The Accumulation Trend Score by Wallet Cohort—which tracks buying intensity based on both participant size and the amount acquired over the past 15 days—currently sits at 1.0, the highest level available.
Buying activity has been widespread across wallet groups, from small holders with less than 1 BTC, typically retail investors, to large wallets holding up to 1,000 BTC. This marks a clear reversal from March through May, when most cohorts were net sellers as Bitcoin moved sideways around $70,000.
The overall Accumulation Trend Score has stayed at peak levels for more than two weeks, indicating sustained, aggressive buying across investor segments and the strongest accumulation phase recorded during the current pullback.
