Bitcoin buyers have added more than 250,000 BTC to their holdings in the price range between $59,000 and $67,000, according to data from Glassnode. The Accumulation Trend Score — a metric that measures the intensity of buying across the network — has reached its strongest level of the current drawdown, signaling that both retail and whale cohorts are scooping up coins at a pace not seen since the downturn began.
The buying range
The accumulation cluster sits squarely in the mid-$50,000 to mid-$60,000 zone. That's the same area where Bitcoin found support after its sharp correction from all-time highs earlier this year. Glassnode's data shows that wallets across the board have been steadily increasing their balances in this band, rather than making one-off purchases. The pattern suggests a methodical, rather than panicked, approach to buying.
Who is buying
The buying isn't concentrated in any single cohort. Glassnode reports broad-based participation: small retail addresses, mid-size holders, and large whales are all adding. That breadth is unusual during a drawdown, where typically only one group — often whales — does the heavy lifting. Here, the distribution is even, which tends to make the support level more resilient.
What the Accumulation Trend Score shows
The Accumulation Trend Score, which ranges from 0 to 1, has climbed to its highest reading since the drawdown began. A score near 1 indicates that the network is in a heavy accumulation phase. The last time the score was this strong was during the consolidation before the previous leg up. That doesn't guarantee a repeat, but it does mean the market is absorbing supply rather than distributing it.
What happens next
The key question is whether buying pressure can push Bitcoin above the $67,000 resistance level. If the accumulation continues at this pace, the supply overhang could thin out, making a breakout easier. But if sellers step in at higher prices, the 250,000 BTC floor could be tested again. For now, the data points to a market that's quietly building a base — not panicking, not euphoric, just accumulating.
