Is Bitcoin's Decline Here to Stay? Accumulation Trend Score Hits a New Low!

Bitcoin Accumulation Trend Score Declines

On-chain data reveals that the Bitcoin Accumulation Trend Score has seen a notable decline recently, indicating that many investors have shifted towards selling. Currently, this score sits at 0.21.

Understanding the Accumulation Trend Score

The Accumulation Trend Score is a crucial indicator that reflects whether Bitcoin investors are accumulating or distributing their holdings. It considers not just balance changes in investor wallets but also the size of those holdings.

• A score close to 1 indicates that large entities or numerous small addresses are accumulating Bitcoin.
• Conversely, a score near 0 suggests that investors are distributing their assets or refraining from buying.

Recent Trends in Accumulation

The chart above illustrates the Accumulation Trend Score for Bitcoin over the past year. The dark blue/violet shades represent high accumulation, while orange/red shades indicate low accumulation. Notably, during the last months of 2024, the score reflected strong accumulation from whales, driving Bitcoin to new all-time highs. However, as 2025 began, this trend reversed sharply, with the score plummeting to 0.21.

Breakdown of Investor Behavior

Glassnode has also provided insights into the behavior of different BTC cohorts. The data shows that mega whales (those holding over 10,000 BTC) have been selling since September, with distribution intensifying in recent weeks. Other cohorts, including those holding between 1,000 and 10,000 BTC, have also begun selling, signaling a potential bearish trend.

As long as the Accumulation Trend Score remains low, Bitcoin may struggle to escape its current bearish trajectory.

Current BTC Price

As of now, Bitcoin is trading at approximately $93,900, reflecting a decline of over 3% in the past week.