On-chain data shows the Bitcoin network has seen a shift recently as mid-sized entities have shifted to a strong accumulation behavior.

Bitcoin Accumulation Trend Score Shows Whales Are Still Selling

In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Accumulation Trend Score for the various investor cohorts on the network.

The “ Accumulation Trend Score ” refers to an indicator that tells us about whether the BTC holders are participating in accumulation or distribution. The metric calculates its value by not only considering the balance changes happening in the wallets of the investors, but also by accounting for the size of the wallets themselves. This means that larger entities have a higher influence on the score.

When the val

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