Bitcoin Buyers Add 259,000 BTC Between $59K and $67K

What to Know

• About 259,000 BTC were added on a net basis between $59,000 and $67,000 over the past 10 days.
• Accumulation has been broad-based across major wallet cohorts, including retail holders with less than 1 BTC and entities holding 100 to 1,000 BTC.
• Glassnode said the Accumulation Trend Score reached its strongest level of the current drawdown.

Bitcoin Demand Strengthens in a Key Price Band

New on-chain data suggests Bitcoin investors used the recent pullback to build exposure rather than step away from the market. The strongest buying appears to have clustered in the $59,000 to $67,000 range, where net accumulation accelerated over the last 10 days.

Retail and Larger Wallets Are Both Adding

The buying activity is notable because it is not limited to one segment of the market. Glassnode data shows accumulation across all major wallet cohorts, from small retail holders to wallets in the 100 to 1,000 BTC range, pointing to broad conviction during the drawdown.

Accumulation Trend Score Signals Firm Interest

Glassnode said the Accumulation Trend Score has reached its strongest reading of the current correction, reinforcing the view that market participants are taking advantage of lower prices. When accumulation expands across multiple cohorts at once, it can indicate stronger underlying support for price action.

What It Could Mean for Bitcoin

While on-chain accumulation does not guarantee an immediate rebound, it often reflects improving sentiment among spot buyers. Sustained demand in this range may help establish a more durable support zone if selling pressure fades and buyers continue to absorb supply.

Frequently Asked Questions (FAQs)

How much Bitcoin was accumulated in the recent buying zone?

Glassnode data shows that roughly 259,000 BTC were added on a net basis between $59,000 and $67,000 over the past 10 days.

Which Bitcoin holders are buying?

Accumulation has been seen across retail holders and larger cohorts, including wallets holding between 100 and 1,000 BTC.

Why is the Accumulation Trend Score important?

The Accumulation Trend Score helps show whether market participants are adding to positions during a price decline, offering a signal of conviction and demand strength.

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