Bitcoin Surges Past $110K Amid Unprecedented Accumulation Across Investor Cohorts

Bitcoin has surpassed the $110,000 mark, marking its most robust accumulation phase since January 2025. On-chain analytics firm Glassnode reports that the Accumulation Trend Score has reached its maximum value of 1.0, indicating aggressive buying behavior across all wallet sizes—from large institutional investors to smaller retail holders.

This surge in accumulation reflects a significant shift in market sentiment. Earlier in the year, Bitcoin experienced a distribution phase, with many investors offloading their holdings. The current trend suggests renewed confidence in Bitcoin’s long-term value, prompting both new and existing investors to increase their positions.

The options market further underscores this bullish outlook. Traders are increasingly targeting higher strike prices, with the $300,000 June call option becoming the most popular, followed closely by the $200,000 strike. This indicates expectations of continued upward momentum in Bitcoin’s price.

Institutional interest plays a pivotal role in this accumulation phase. Companies like Strategy have announced plans to issue $2.1 billion in Series A Perpetual Preferred Stock, potentially to acquire more Bitcoin. Such moves highlight the growing acceptance of Bitcoin as a strategic asset among corporations.

As Bitcoin continues to gain traction among diverse investor groups, its role in the financial ecosystem becomes increasingly significant. The convergence of institutional adoption, positive market sentiment, and strategic accumulation suggests a strong foundation for Bitcoin’s future growth.