On-chain analytics firm Glassnode has highlighted how accumulation during the recent Bitcoin drop has looked weaker than some past crashes. Bitcoin Accumulation Trend Score Doesn’t Indicate Strong Accumulation In a new post on X, Glassnode has talked about the latest trend in the Accumulation Trend Score of Bitcoin. This indicator tracks whether the BTC investors are accumulating or distributing right now. Related Reading: Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom The metric determines this by taking into account for two factors: the balance changes happening in the wallets of the holders and the size of the balances themselves