All bitcoin wallet cohorts return to accumulation for the first time this year
With bitcoin trading below $60,000, every wallet cohort in the Bitcoin Accumulation Trend Score has shifted into accumulation for the first time this year.
The aggregate score has remained firmly in accumulation territory for the past month, signaling broad-based buying across the market, according to Glassnode data. Retail holders with fewer than 1 BTC were the first to begin purchases, suggesting renewed conviction from smaller investors. Now, the largest whale cohort, entities holding more than 10,000 BTC, has also joined in.