Data: Glassnode's Bitcoin long-term holders have returned to the accumulation phase.

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Mars Finance News, according to CoinDesk, Glassnode data shows that Bitcoin long-term holders have shifted from net distribution to net accumulation. The 30-day net position change has turned positive, with the current net accumulation scale between 50k and 100k BTC. Glassnode pointed out that the continuous shift from net distribution to net accumulation by long-term holders typically occurs during market weakness, as long-term investors gradually increase holdings while short-term participants reduce risk. From the accumulation trend score, the smallest holders (less than 1 BTC) score close to 0.8 to 0.9, medium holders (100 to 1,000 BTC) are also near that range, the 1 to 10 BTC and 10 to 100 BTC groups score about 0.6 to 0.7, the 1,000 to 10,000 BTC group about 0.5 to 0.6, and the largest whales (over 10,000 BTC) remain near neutral. Glassnode says that multi-scale wallet accumulation is a positive signal, but the largest holders have not yet started buying, and confirmation of a full accumulation trend requires further observation.
BTC2.67%
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