Accumulation remains steady despite risk Despite

Accumulation remains steady despite risk

Despite the looming pattern, investors haven’t stopped accumulating.

The Realized Price–UTXO Age Band chart shows that in the past month, BTC buyers in the 1W–1M cohort increased holdings by 3.6%, while 1D–1W holders grew by 1.4%.

These cohorts have accumulated BTC between $115,252 and $117,762, just under the current price of $118,786.

This behavior implies confidence in a short-term rally, as long-term holders refrain from panic-selling.

Supporting this outlook, Bitcoin’s Exchange Reserve declined in the past day, falling to 2.3 million BTC.