Bitcoin accumulation trend hits lowest point since October, signaling widespread distribution shifts
CAT
1 min read
Quick Take The Accumulation Trend Score, a metric that measures the relative strength of Bitcoin (BTC) accumulation by different entity wallet cohorts, has registered a significant shift. Notably, the trend score has plummeted to 0.5, the lowest level since October 2023, just prior to Bitcoin’s monumental rise from $25,000 to $49,000, spurred by the launch […]
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Bitcoin accumulation trend hits lowest point since October, signaling widespread distribution shifts
