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Glassnode: BTC Long-Term Holders Have Resumed Accumulation

2026-07-02 06:18

Odaily Planet Daily News According to Glassnode data, long-term holders, which are wallets holding coins for at least 155 days, have shifted from net distribution to net accumulation, indicating a recovery in BTC demand. Small to medium-sized wallets are dominating widespread buying on dips, while the largest whale wallets remain mostly neutral. Analysts say it is still too early to determine that the market has entered a full accumulation phase. (CoinDesk).