Oh, what a twist! Just when the Bitcoin drama seemed to be fading, we find ourselves plunged back into the chaotic whirlpool of accumulation. Yes, folks, the mighty Bitcoin holders are back at it, hoarding their precious coins like never before! 🌪️
After a brief and rather uneventful phase of “distribution” among the big players (oh, those elusive whales 🐋), the real action is happening now in two very different groups. Brace yourself: we’re talking wallets holding a modest 10–100 BTC, and those with *less* than 1 BTC. Don’t let the small numbers fool you — these people are accumulating like there’s no tomorrow, and their Trend Accumulation Score has reached the perfect 1.0, the pinnacle of “I’m definitely not selling anytime soon” 🏆💸.
According to the latest, most mystical data, Glassnode’s chart unveils a stunning transformation. The once-red marks (meaning “run for the hills!” 🏃💨) have now turned a soothing blue, indicating the switch from panic to pure, unadulterated greed… I mean, accumulation. The wallets that were once idly sitting, wringing their hands in despair, have now been possessed by an unstoppable force of buying power. 👀
So, what does this all mean, you ask? The Trend Accumulation Score, my dear readers, is like a finely tuned machine that measures the *intensity* of Bitcoin being stuffed into various wallets. A score of 1.0 means these wallets are practically bursting with digital gold, and the people behind them are in no mood to let go. No sir, no panic-selling here!
This remarkable surge in accumulation could be a sign of something far more profound — both retail and mid-level investors are preparing for something big. Are they anticipating a breakout? Or perhaps they’ve simply realized that Bitcoin might just be too valuable to let slip through their fingers. Either way, the market is being flooded with support at current price levels. Hold on tight, because this rollercoaster is far from over! 🎢💥
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2025-06-06 12:05