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Glassnode: Long-term BTC holders have resumed accumulation

2026-07-02 06:18

Odaily reports that Glassnode data shows long-term holders—wallets holding 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 widespread buying on dips, while the largest whale wallets remain largely neutral. Analysts say it is still too early to determine that a full accumulation phase has begun. (CoinDesk).