Bitcoin accumulation trend hits lowest point since October, signaling widespread distribution shifts

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 […] source: https://cryptoslate.com/insights/bitcoin-accumulation-trend-hits-lowest-point-since-october-signaling-widespread-distribution-shifts/