Over 400,000 BTC Accumulated Between $60,000–$70,000 During Recent Pullback

Bitcoin investors accumulated over 400,000 BTC in the $60,000 to $70,000 range during the recent market pullback, Glassnode data show. BTC supply in this price band rose from approximately 997,000 BTC on Jan. 1 to roughly 1.43 million BTC, an increase of around 429,000 BTC, or 43%. More than 8% of the non-exchange circulating supply now has a cost basis in this zone, forming a dense accumulation area.