Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode Retail investors and large whales are buying as bitcoin trades near its 200-week moving average. – Roughly 515,000 BTC, more than 3% of the circulating supply, is concentrated around the $63,000 price…
vel. – All wallet cohorts are accumulating, with retail investors and whales holding at least 1,000 BTC showing the strongest buying activity. Bitcoin has traded between $60,000 and $67,000 for several weeks, making $63,000 one of the most heavily supplied price areas
The only larger concentration sits between $78,000 and $82,000, where bitcoin topped out in May. Glassnode’s Entity-Adjusted UTXO Realized Price Distribution (URPD) shows how much bitcoin supply last moved within each price band, with each entity’s balance assigned to its average acquisition price. More than 3% of the supply, approximately 515,000 BTC, is concentrated around $63,000, while more than 2%, or roughly 362,000 BTC, sits around $61,000.
Bitcoin is also trading almost exactly in line with its 200-week moving average, which tracks the asset’s average weekly price over the past 200 weeks. The indicator currently stands at $63,657, compared with bitcoin’s price of $63,822, highlighting significant accumulation in this range. Glassnode’s 30-day Accumulation Trend Score, broken down by wallet-size cohort, shows that retail investors are currently the most aggressive buyers at these prices.