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Glassnode data shows that the Bitcoin $63,000 area has become a key battleground for buyers, with retail investors and whales actively buying.
On-chain analytics platform Glassnode noted that over 3% of the Bitcoin supply (approximately 515,000 BTC) is currently concentrated around $63,000, and another over 2% (approximately 362,000 BTC) is concentrated around $61,000. Bitcoin is also currently approaching its 200-week moving average (currently $63,657), indicating significant accumulation activity in this range. Glassnode's 30-day accumulation trend score shows that retail investors are the most active buyers at current prices, while whales holding at least 1,000 Bitcoin are also accumulating strongly.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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