CumberlandRetail investors and large whales are buying as bitcoin trades near its 200-week moving average.
Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode
Retail investors and large whales are buying as bitcoin trades near its 200-week moving average.
Roughly 515,000 BTC, more than 3% of the circulating supply, is concentrated around the $63,000 price level. All wallet cohorts are accumulating, with retail investors and whales holding at least 1,000 BTC showing the strongest buying activity.
Bitcoin has traded between $60,000 and $67,000 for several weeks, making $63,000 one of the most heavily supplied price areas. The only larger concentration sits between $78,000 and $82,000, where bitcoin topped out in May.
Glassnode’s Entity-Adjusted UTXO Realized Price Distribution (URPD) shows how much bitcoin supply last moved within each price band, with each entity’s balance assigned to its average acquisition price. More than 3% of the supply, approximately 515,000 BTC, is concentrated around $63,000, while more than 2%, or roughly 362,000 BTC, sits around $61,000.
Bitcoin is also trading almost exactly in line with its 200-week moving average, which tracks the asset’s average weekly price over the past 200 weeks. The indicator currently stands at $63,657, compared with bitcoin’s price of $63,822, highlighting significant accumulation in this range.
Glassnode’s 30-day Accumulation Trend Score, broken down by wallet-size cohort, shows that retail investors are currently the most aggressive buyers at these prices. Every other cohort is also accumulating, including whales holding at least 1,000 BTC, which are showing similarly strong accumulation.
1Polymarket targets $20 billion valuation as competition heats up in prediction market sectoril y a 36 minutes 2Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumpedil y a 49 minutes 3Dinari brings tokenized U.S. stocks to American investors as equity race heats upil y a 1 heure 4As Clarity Act teeters, mystery group hammers away at crypto in Washington adsil y a 2 heures 5BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billionil y a 2 heures 6BNY to add crypto staking to digital asset custody platformil y a 2 heures 7Coldcard urges users to move bitcoin as exploit is still in progressil y a 3 heures 8The bitcoin market has plenty of reasons to freak out, yet calm pervadesil y a 3 heures 9South African lawmakers propose draft rules on cross-border crypto transactionsil y a 4 heures 10Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advancesil y a 4 heures
The Evolution of the Crypto CEX Landscape: A Case Study on Binance
The Evolution of the Crypto CEX Landscape: A Case Study on Binance
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Polymarket targets $20 billion valuation as competition heats up in prediction market sector
Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advances
Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge