TechFlow News: On June 15, Glassnode published an analysis on X, noting that its Accumulation Trend Score indicator shows a clear shift toward accumulation across on-chain addresses following Bitcoin’s price dip to the $60,000 range in early June. This metric measures the intensity of on-chain buying behavior by combining entity holding sizes with recent balance changes; values approaching 1 indicate broad accumulation, while values near 0 signal sustained distribution.
As prices entered this lower range, scores rose concurrently across holder cohorts of all sizes—indicating a classic “buy-the-dip” market structure. In other words, the price decline did not trigger sustained selling but instead spurred stronger on-chain demand, with synchronized accumulation across multiple holder tiers—a pattern typically observed during the initial phase of market sentiment recovery, reflecting strategic reallocation by medium- to long-term capital.
