Retail investors drive widespread bitcoin selling as prices fall

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Retail investors drive widespread bitcoin selling as prices fall Glassnode data shows distribution across cohorts as BTC falls below $67,000, with whales remaining largely neutral. By James Van Straten , AI Boost | Edited by Oliver Knight Mar 27, 2026, 11:44 a.m. Make preferred on Accumulation Trend Score by Cohort (Glassnode) What to know : Retail wallets under 10 BTC are leading the sell-off, with accumulation scores near zero indicating aggressive distribution. Larger holders, especially whales, are mostly sidelined, showing limited selling and little sign of renewed accumulation Glassnode’s Accumulation Trend Score by cohort is signaling broad-based selling led by retail participants as bitcoin falls below $67,000. The 30-day Accumulation Trend Score, broken down by wallet cohorts, measures the relative behavior of entities accumulating or distributing coins on-chain. It combines both the size of each cohort’s holdings and their net balance change over the past 30 days. A score closer to 1 indicates accumulation, particularly by larger entities, while a score near 0 reflects distribution or a lack of accumulation. Currently, the heaviest selling pressure is coming from retail participants holding less than 10 BTC. Wallets with under 1 BTC have a score of 0.11, while those holding 1 to 10 BTC are even lower at 0.05, indicating aggressive distribution. Further up the spectrum, selling pressure becomes less pronounced. Whales holding 1,000 to 10,000 BTC are neutral with a score around 0.5, suggesting neither strong accumulation nor distribution, waiting to see where prices head next. The largest cohort, those holding over 10,000 BTC, are showing mild distribution but not at levels seen late last year when Bitcoin traded above $90,000. Meanwhile, entities holding 100 to 1,000 BTC are also in notable distribution. There has been limited accumulation since early February, when bitcoin briefly dropped toward $60,000. The current trend suggests retail investors are capitulating, while larger players remain on the sidelines, waiting rather than actively buying. Bitcoin News Glassnode AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You The Definitive Stablecoin Landscape Series: North America By CoinDesk Research 20 hours ago Commissioned by Ripple As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption. Why it matters : Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all. View Full Report More For You Bitcoin drops to two-week low as $300 million in longs are liquidated By Oliver Knight , Omkar Godbole | Edited by Sheldon Reback 40 minutes ago Bitcoin fell below $67,000 and ether dropped toward $2,000 as equities weakened, oil topped $100 and leveraged longs unwound, signaling fragile sentiment. What to know : Nearly $300 million in long liquidations vs. $50 million shorts highlights crowded bullish positioning unwinding across crypto futures. Rising oil prices and Iran war fears drive risk-off mood, dragging crypto alongside Nasdaq futures now ~10% below January highs. Altcoins underperform as shorting interest builds (e.g., XRP, SHIB), while ONDO stands... Read full story Latest Crypto News Ondo, canton sidestep macro concerns with institutional deals as bitcoin, ether slide 8 minutes ago Bitcoin drops to two-week low as $300 million in longs are liquidated 40 minutes ago Anchorage Digital adds Tron custody, opens U.S. institutional access to TRX trading 1 hour ago Bitcoin falls below $67,000 as U.S. 10-year Treasury yield nears 1-year high of 4.5% 2 hours ago Investors yank $171 million from bitcoin ETFs in largest single-day outflow in three weeks 4 hours ago Bitcoin macro risks spike as Ukraine messes with Trump's plan to stabilize oil markets 5 hours ago Top Stories Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansion 7 hours ago White House crypto czar David Sacks transfers to presidential advisory committee role 11 hours ago XRP slides toward $1.35 as liquidation wave signals weak support 6 hours ago Why big banks are snubbing open ledgers to build their own private blockchains 18 hours ago