Feb 26, 2026
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BEARISH 📉 : Bitcoin Accumulation Remains Weak Among Large Investors, Glassnode Reports
Key Insights from Glassnode on Bitcoin Accumulation:
- Glassnode reports that accumulation by large Bitcoin entities has been weak recently, with the Accumulation Trend Score struggling to exceed 0.5.
- This score tracks investor behavior, weighing balance changes in wallets and the size of those wallets to determine if accumulation or distribution is occurring.
- A score above 0.5 indicates accumulation, while below 0.5 suggests distribution.
Recent Trends:
- The November price crash saw high accumulation (dark purple on the chart), but January's price recovery led to increased distribution.
- Since early February, the Accumulation Trend Score has remained below 0.5, indicating continued weak accumulation, especially among larger investors.
- This suggests significant capital has yet to re-enter the market, maintaining a neutral market stance for now.
Bitcoin Price Movement:
- Bitcoin fell below $63,000 on Tuesday but has since rebounded to $65,300.
