Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode

MarketsBitcoin’s $63,000 zone emerges as key battleground for buyers: GlassnodeRetail investors and large whales are buying as bitcoin trades near its 200-week moving average.By James Van Straten|Edited by Stephen Alpher Aug 4, 2026, 2:49 p.m. 1 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowRoughly 515,000 BTC, more than 3% of the circulating supply, is concentrated around the $63,000 price level.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. Every other cohort is also accumulating, including whales holding at least 1,000 BTC, which are showing similarly strong accumulation.Bitcoin NewsRelated AssetsBitcoin$64,074.140.72%Latest Crypto News 1Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails13 minutes ago2Polymarket targets $20 billion valuation as …

Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode

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