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Glassnode on-chain data has identified a zone of aggressive bitcoin buying concentrated between $59,000 and $67,000, according to CoinDesk.
The analytics firm's metrics point to sustained demand inside that price corridor, a signal closely watched by traders who treat accumulation clusters as structural support.
What the Glassnode Data Shows On-chain analytics distinguish between coins that simply changed hands and coins absorbed by buyers who held through subsequent price swings — the latter read as genuine accumulation rather than speculative churn.
Glassnode's methodology surfaces these cost-basis clusters by mapping where unspent transaction outputs are concentrated.
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