Experts from Glassnode have released a new report on the Bitcoin market situation. They noted that large investors holding more than 10,000 BTC are actively accumulating this cryptocurrency. Since March 11, their wallets have increased by over 129,000 BTC, amounting to approximately $11.2 billion.
This is reported by Business • Media
According to information from Glassnode, the Accumulation Trend Score for this group of investors exceeds 0.5. This indicates that they are primarily focused on accumulating Bitcoins, while smaller traders continue to sell their assets.
“Whales holding >10K $BTC have pushed their Accumulation Trend Score above 0.5 – a clear sign of steady buying,” the experts noted.
As of March 25, the overall market indicator value stood at 0.235, marking a new high since January 4, reflecting a shift in trend among all Bitcoin holders.
Accumulation Trends and Their Impact on the Market
Charts show that large holders began to accumulate Bitcoins more actively after March 11, and the accumulation trend only strengthened by the end of the month. The average amount of Bitcoins held in a large investor’s wallet continues to rise, although it remains below the levels seen in December-January, which may indicate potential for further growth if the current trend persists.
Additionally, there is a decrease in the share of Bitcoins held on cryptocurrency exchange accounts. Since March 9, this figure has shown a steady decline, serving as another indicator of changing market sentiment.
Changes in Bitcoin Investor Addresses
Another important metric is the share of Bitcoin addresses that have held assets for a year or more. It has been noted that since mid-January 2025, this figure has been declining, but an upward trend has emerged since early March – from 61.9% to 63.4% as of March 27.
This data suggests that investors consider the current time favorable for entering the Bitcoin market, which may lead to increased interest in the first cryptocurrency.