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Glassnode Says Bitcoin Addresses Shifted Toward Accumulation After Early June Dip to $60,000 Range

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2026-06-15 13:04:09
Glassnode said its Accumulation Trend Score indicates that on-chain addresses broadly shifted toward accumulation after Bitcoin’s price fell to the $60,000 range in early June.

According to Odaily, the metric combines holding size with recent balance changes to measure the intensity of on-chain buying, with values near 1 indicating widespread accumulation and values near 0 indicating continued distribution.

Glassnode said that as Bitcoin entered a lower price range, scores rose across holders of different sizes, suggesting a buy-the-dip pattern in which the price decline did not trigger sustained selling but instead coincided with stronger on-chain demand returning.

The analysis added that synchronized accumulation across multiple holder tiers typically appears in the early stage of a recovery in market sentiment and reflects medium- to long-term capital repositioning.
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