{"id":895379,"date":"2026-03-29T07:27:47","date_gmt":"2026-03-29T12:27:47","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/03\/29\/bitcoin-yet-to-see-meaningful-capital-return-glassnode-says\/"},"modified":"2026-03-29T07:27:47","modified_gmt":"2026-03-29T12:27:47","slug":"bitcoin-yet-to-see-meaningful-capital-return-glassnode-says","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/03\/29\/bitcoin-yet-to-see-meaningful-capital-return-glassnode-says\/","title":{"rendered":"Bitcoin Yet To See Meaningful Capital Return, Glassnode Says"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div>\n<figure>\n\t\t\t\t\t\t\t<img width=\"860\" height=\"573\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/btc_4163b2.png?fit=860%2C573&#038;w=860\" alt=\"bitcoins Bitcoin\" loading=\"eager\" decoding=\"auto\" fetchpriority=\"high\"  >\t\t\t\t\t\t<\/figure>\n<div>\n<div>\n<div>\n<h3>Reason to trust<\/h3>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/04\/logo.png\"><\/p>\n<\/p><\/div>\n<div>\n<div>\n<div>\n                <svg width=\"12\" height=\"12\" viewBox=\"0 0 12 12\" fill=\"currentColor\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\" \/><\/svg>      <\/p>\n<p>Strict editorial policy that focuses on accuracy, relevance, and impartiality<\/p>\n<\/p><\/div>\n<div>\n                <svg width=\"12\" height=\"12\" viewBox=\"0 0 12 12\" fill=\"currentColor\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\" \/><\/svg>      <\/p>\n<p>Created by industry experts and meticulously reviewed<\/p>\n<\/p><\/div>\n<div>\n                <svg width=\"12\" height=\"12\" viewBox=\"0 0 12 12\" fill=\"currentColor\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\" \/><\/svg>      <\/p>\n<p>The highest standards in reporting and publishing<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<div>\n<div>\n<h5>How Our News is Made<\/h5>\n<\/p><\/div>\n<p>Strict editorial policy that focuses on accuracy, relevance, and impartiality<\/p>\n<\/p><\/div>\n<div>\n<div>\n<h5>Ad discliamer<\/h5>\n<\/p><\/div>\n<p>Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div id=\"ftwp-postcontent\">\n<p>On-chain analytics firm Glassnode has highlighted how accumulation from the large Bitcoin entities has remained relatively weak recently.<\/p>\n<h2 id=\"ftoc-heading-1\">Bitcoin Accumulation Trend Score Has Been Struggling To Break 0.5<\/h2>\n<p>In a new <a href=\"https:\/\/x.com\/glassnode\/status\/2026554524794593725\" target=\"_blank\" rel=\"nofollow\">post<\/a> on X, Glassnode has talked about the latest trend in the <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-accumulation-trend-score-red-decline-coming\/\" target=\"_blank\">Accumulation Trend Score<\/a> for Bitcoin. This on-chain indicator tracks whether BTCinvestors are accumulating or distributing right now. The metric calculates its value by looking at the balance changes happening in the wallets of the investors. Additionally, it also accounts for the size of the wallets themselves. This second weighting factor means that larger entities have a stronger influence on the indicator.<\/p>\n<p>When the value of the Accumulation Trend Score is greater than 0.5, it means large investors (or a large number of small entities) are accumulating. The closer the metric is to 1, the stronger this behavior is. On the other hand, the indicator being under 0.5 implies that distribution is the dominant behavior on the network. The extreme point on this side of the scale lies at 0.<\/p>\n<p>Now, here is the chart shared by Glassnode that shows how the Bitcoin Accumulation Trend Score has changed over the course of the cycle:<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/HB_DxZbWAAAWSGA?format=jpg&#038;name=large\" alt=\"bitcoins Bitcoin Accumulation Trend Score\" width=\"1800\" height=\"1013\"><figcaption>Accumulation demand has remained weak in the market recently | Source: <a href=\"https:\/\/x.com\/glassnode\/status\/2026554524794593725\/photo\/1\" target=\"_blank\" rel=\"nofollow\">Glassnode on X<\/a><\/figcaption><\/figure>\n<p>As displayed in the above graph, the Bitcoin <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoins-november-crash-to-continue-analyst-warns\/\" target=\"_blank\">price crash<\/a> in November saw the Accumulation Trend Score take on a dark purple color. Here, a light yellow shade on the indicator reflects a value close to zero, while a dark purple one to a value near 1. Thus, it would appear that the market reacted with a near-perfect accumulation behavior to the November price lows.<\/p>\n<p>While December saw continued accumulation, a shift occurred in January; the price recovery rally was met with distribution as the Accumulation Trend Score turned orange-yellow. The cryptocurrency\u2019s price has <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/why-bitcoin-crash-toward-60000\/\" target=\"_blank\">plummeted<\/a> since the onset of this selling pressure.<\/p>\n<p>The price crash has been met with some accumulation, but from the chart, it\u2019s visible that the indicator\u2019s color has still only been red. \u201cThe Accumulation Trend Score has struggled to push above 0.5 since early February,\u201d noted the analytics firm.<\/p>\n<p>While the current value suggests aggressive distribution is no longer happening, it\u2019s not necessarily a sign of a return of demand for Bitcoin, either. As Glassnode explained, the trend reflects \u201cpersistently weak accumulation, particularly among larger entities, signalling that meaningful capital has yet to step back in.\u201d It now remains to be seen how long the current neutral market behavior will continue and which way the next shift will lean.<\/p>\n<h2 id=\"ftoc-heading-2\">BTC Price<\/h2>\n<p>Bitcoin slipped under the $63,000 level on Tuesday, but the market has rebounded since then as the cryptocurrency\u2019s price has returned to $65,300.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/bK4fcJ6F\/\" alt=\"bitcoins Bitcoin Price Chart\" width=\"1486\" height=\"957\"><figcaption>The trend in the price of the coin over the last five days | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/qFC1kfFd\/\" target=\"_blank\">BTCUSDT on TradingView<\/a><\/figcaption><\/figure>\n<p>Featured image from Dall-E, chart from TradingView.com<\/p>\n<\/div><\/div>\n<div id=\"author-box\">\n<p><img alt=\"bitcoins Keshav Verma\" src=\"https:\/\/secure.gravatar.com\/avatar\/7796bf1d1f09219c1568c22c31de8967f91cac2e7e452644b967fc22f288e3df?s=80&#038;d=mm&#038;r=g\"  height=\"80\" width=\"80\" loading=\"lazy\" decoding=\"async\">\t\t<\/p>\n<div id=\"c39f960590958ff25c4fee175fac8a4bdd921a1b\">\n<p>Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. <\/p>\n<div>\n<p>Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.<\/p>\n<p>In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.<\/p>\n<p>Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.<\/p>\n<p>Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..<\/p>\n<p>Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. <\/p>\n<p>Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.<\/p>\n<p>As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.<\/p>\n<p>Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.<\/p>\n<p>Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><strong>Disclaimer:<\/strong> The information found on NewsBTC is for educational purposes<br \/>\n\t\t\t\t\t\t\tonly. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any<br \/>\n\t\t\t\t\t\t\tinvestments and naturally investing carries risks. You are advised to conduct your own<br \/>\n\t\t\t\t\t\t\tresearch before making any investment decisions. Use information provided on this website<br \/>\n\t\t\t\t\t\t\tentirely at your own risk.<\/p>\n<\/p><\/div>\n<p> Keshav Verma <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-yet-to-see-meaningful-capital-glassnode\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies<\/p>\n","protected":false},"author":1,"featured_media":895380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51777,4041],"tags":[11476],"class_list":["post-895379","post","type-post","status-publish","format-standard","has-post-thumbnail","category-meaningful","category-bitcoin","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/895379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=895379"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/895379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/895380"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=895379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=895379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=895379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}