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.

BTC3.84%
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