Cryptocurrency4 Aug 2026SEO 801 min read

Analysis: 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, i…

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 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…

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