According to Glassnode data, after Bitcoin dropped into the $60k range, the on-chain accumulation trend score shifted upward across multiple wallet size groups. This indicator measures the relative scale of entities increasing their holdings; close to 1 indicates widespread accumulation, close to 0 indicates distribution. Glassnode states that during this correction, most investors chose to buy the dip, and there are signs of broader on-chain demand absorption in the market.

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Miner'sHelmetUnderTheMoonlight
· 6h ago
On-chain accumulation score rising indicates that smart money hasn't left, but short-term fluctuations still depend on macroeconomic conditions, with the Federal Reserve's actions being more significant.
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GateUser-bee672a5
· 13h ago
Whales are quietly accumulating, while retail investors are panicking and cutting losses—classic script.
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WalletPermissionAdministrator
· 13h ago
Glassnode's data is quite interesting; $60k has become the consensus support? It seems like the big players are all waiting for others to panic first.
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