Bitcoin Accumulation Surges as Buyers Add 250,000 BTC Between $59K and $67K

Glassnode data indicates widespread accumulation across both retail and whale cohorts, with the Accumulation Trend Score rising to its strongest level seen during the current drawdown.

Bitcoin’s (BTC) decline below $60,000 earlier this month triggered renewed buying interest, with investors accumulating nearly 260,000 BTC over a 10-day period. One key demand metric has now reached its maximum possible reading.

Since June 5, investors have purchased a net 259,298 BTC in the $59,000 to $67,000 range, according to Glassnode’s UTXO Realized Price Distribution data. The Accumulation Trend Score by Wallet Cohort—which gauges buying strength based on both participant size and coin volume over the past 15 days—now stands at 1.0, its highest possible level.

Accumulation has been broad-based, spanning small holders with less than 1 BTC—typically retail investors—to large wallets holding up to 1,000 BTC. This marks a notable shift from March through May, when most cohorts were net sellers as Bitcoin traded sideways near $70,000.

The overall Accumulation Trend Score has remained at peak levels for more than two weeks, signaling sustained and aggressive buying activity across investor groups and marking the strongest accumulation phase observed during the current market pullback.