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Glassnode: BTC Long-Term Holders Resume Accumulation

2026-07-02 06:18

According to Glassnode data, long-term holders—wallets that have held coins for at least 155 days—have shifted from net distribution to net accumulation, indicating a recovery in BTC demand. Small and medium-sized wallets are leading a broad trend of buying the dip, while the largest whale wallets remain mostly neutral. Analysts say it is still too early to conclude that the market has entered a full accumulation phase. (CoinDesk).