Investors have bought a net 259,298 Bitcoin (CRYPTO: BTC) between $59,000 and $67,000 over the past 10 days as Glassnode's Accumulation Trend Score hits its highest possible reading— a signal for the strongest buying interest of the entire drawdown.
Retail And Whales Both Buying As Accumulation Hits Peak Level For Two Weeks Straight Glassnode's UTXO Realized Price Distribution data shows the buying is broad-based across every wallet cohort, from holders with less than 1 Bitcoin to those holding up to 1,000 coins.
That breadth matters because from March through May, most of these same groups were net sellers as Bitcoin stagnated around $70,000.
The Accumulation Trend Score has now held at its peak reading of 1.0 for more than two weeks, marking the most sustained and aggressive buying behavior observed during this drawdown.
The $59,000 flush earlier this month appears to have been the trigger that pulled buyers back in across the board.
