According to on-chain analyst Ali, Bitcoin’s Accumulation Trend Score is now approaching 1—indicating a surge in buying activity from large entities or a broad base of participants on the network.
This metric, tracked by Glassnode, suggests that strong accumulation is underway, typically interpreted as a bullish signal.
As of April 29, Bitcoin was priced at $94,304, while the Accumulation Trend Score stood at 0.9137.
Historically, a score nearing 1 means that influential buyers—such as whales and institutional investors—are absorbing supply, often preceding price rallies.
Why It Matters
When a significant share of market participants begin accumulating, it signals growing confidence in Bitcoin’s long-term value. This can tighten supply on exchanges and set the stage for potential upward price movements.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-accumulation-trend-score-nears-peak-signaling-strong-whale-activity/