Investors acquired a net 259,298 Bitcoin over a 10-day period beginning June 5, primarily buying within the $59,000 to $67,000 price corridor. This intense purchasing behavior immediately followed a market dip below $60,000, triggered by the formalization of a US-Iran peace deal and a historic Bank of Japan interest rate hike to 1%.
The scale of the buying spree is documented by Glassnode’s UTXO Realized Price Distribution data, according to a detailed report by CoinDesk. Glassnode’s Accumulation Trend Score by Wallet Cohort currently reads at a perfect 1.0. This metric is the highest possible reading for purchasing strength relative to buyer size and prior 15-day acquisition amounts.
Retail and Whales Shift Strategy
This purchasing phase is not isolated to a single group of large holders. Data confirms active participation across all wallet sizes, from retail investors holding less than 1 BTC to large entities acquiring up to 1,000 BTC.
The broad-based buying behavior is a strict reversal from market conditions observed between March and May. During that spring period, most of these investor groups operated as net sellers while the cryptocurrency stagnated near the $70,000 resistance level.
What This Reversal Means for Market Liquidity
The aggregate Accumulation Trend Score has maintained peak levels for more than two consecutive weeks. This establishes the June purchasing window as the strongest period of accumulation observed during the current market drawdown.
The on-chain metrics show a market absorbing the recent liquidity shock from global interest rate shifts. Retail and institutional buyers are acquiring available supply in the mid-$60,000 range rather than waiting for further downward price discovery.