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Home/News/Bitcoin buyers accumulated 259,000 BTC between $59,000 and $67,000 in 10 days, Glassnode data shows
CoinDesk·12h ago·positive

Bitcoin buyers accumulated 259,000 BTC between $59,000 and $67,000 in 10 days, Glassnode data shows

Investors bought a net 259,298 BTC since June 5 across all wallet sizes, from retail to whales, as Glassnode's Accumulation Trend Score hit its maximum reading of 1.0 for the first time in months.

  • Net 259,298 BTC were accumulated between $59,000 and $67,000 over 10 days, per Glassnode data.
  • Buying was broad-based across all wallet cohorts, from retail (under 1 BTC) to whales (100-1,000 BTC).
  • The Accumulation Trend Score hit 1.0, the highest possible reading, for over two weeks.
  • From March through May, most cohorts were net sellers as bitcoin stagnated near $70,000.
marketImpact 6/10
Why our editor rated this positive

Strong on-chain accumulation data suggests investor confidence at current price levels, a bullish signal for the market.

Read the full story at CoinDesk

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