Bitcoin Accumulation Signals Build During Recovery
Bitcoin accumulation remains active as Glassnode data signals long-term holder stress during an ongoing market base formation.
Glassnode shows realized losses climbing while historical patterns continue favoring extended accumulation before lasting recoveries emerge.
Bitcoin reclaimed key intraday levels as buyers defended support, matching broader accumulation signals seen across on-chain indicators.
On-chain data shows that long-term holder activity has been observed, confirming the consistent trend of Bitcoin accumulation. Investors remain focused on whether conditions shift into a wider recovery from the downtrend.
Glassnode Data Signals Ongoing Accumulation Phase
Glassnode data attracted fresh attention after comments shared by Whale Factor. The update described accumulation signals appearing across several on-chain indicators. However, it stated the market base still requires additional time.
Source: X
The chart compares Bitcoin's long-term holder realized losses against market performance. Realized losses measure coins sold below their acquisition prices. Higher readings usually accompany periods of elevated market stress.
Historical cycles display similar behavior before lasting recoveries emerged. During 2018, realized losses increased as bearish pressure intensified. The market later entered an extended accumulation range before recovering.
A similar sequence unfolded throughout the 2022 bear market. Realized losses climbed beyond $300 million on the moving average. Selling pressure gradually eased before Bitcoin established a stronger recovery.
Long-Term Holder Behavior Reflects Market Adjustment
Recent Glassnode readings reveal another notable increase in realized losses. Current values remain below the previous cycle's highest levels. Still, they exceed conditions recorded throughout much of 2024 and early 2025.
Whale Factor described these developments as early accumulation rather than confirmation. The commentary avoided declaring a completed market bottom. Instead, patience remained the primary message for participants.
The indicator uses a 30-day moving average for better trend visibility. Daily fluctuations become less influential through this calculation. Sustained selling activity therefore becomes easier to identify across market cycles.
Historical evidence also shows major bottoms rarely appear immediately after capitulation. Markets usually stabilize before stronger buyers absorb available supply. Sideways trading frequently precedes sustained upward momentum.
Bitcoin Reclaims Key Support After Recovery
Bitcoin was $63,081.84 off its intraday lows as of the time of writing. The session ended with a small upside daily gain. Control returned to the buyers gradually during the last few hours of trading.
The early selling activity brought Bitcoin back towards the $61,700 price support zone. Buyers repeatedly defended that level during multiple tests. Those reactions prevented additional downside pressure from developing.
The market later entered a consolidation phase before momentum strengthened. Bitcoin recovered above previous resistance with limited pullbacks. That sequence produced a cleaner bullish structure into the session close.
Market capitalization reached approximately $1.26 trillion despite lower trading activity. Trading volume declined roughly 9.4% during the recovery session. Together, technical strength and Glassnode data continued supporting an active accumulation process rather than a completed market bottom.
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