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Bitcoin Conviction Buyers Ramp Up Accumulation Since January

Investors with strong conviction in Bitcoin have sharply increased their accumulation since January, according to data cited in a Cointelegraph report on August 21.

bloomingbit

Publisher

Aug 21, 2026 at 6:38 AM UTC · 1 분 소요

Bitcoin Conviction Buyers Ramp Up Accumulation Since January
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Key Signal

25% Supply held by buyers

Entities

bitcoin

Market Impact

BTC-0.81%$81,519

Last Updated

2달 전

  • Investors with strong conviction in Bitcoin have sharply increased their accumulation since January this year.
  • Glassnode data showed the share of supply of Bitcoin accumulated by Conviction Buyers rose above the level seen during the 2022 accumulation phase.
  • That share climbed sharply this year to about 25% of total Bitcoin supply, while Bitcoin traded at $75,516, up 8.4% from a day earlier.

Forecast Trend Report by Period

Investors with strong conviction in Bitcoin have sharply increased their accumulation since January, according to data cited in a Cointelegraph report on August 21.

Cointelegraph, citing Glassnode data, reported that "Conviction Buyers" have been aggressively accumulating Bitcoin since January.

The share of Bitcoin supply acquired by Conviction Buyers during the current accumulation phase has climbed above levels seen in the 2022 accumulation period. A Glassnode chart showed that the share has risen steeply this year, at one point reaching about 25% of total Bitcoin supply.

As of 3:37 p.m., Bitcoin was trading at $75,516, up 8.4% from a day earlier, according to CoinMarketCap.

Why this matters

Conviction Buyers holding about a quarter of Bitcoin supply suggests a meaningful share of available coins is being accumulated by longer-term participants. If sustained, this could tighten tradable supply and amplify Bitcoin price sensitivity to changes in demand.

#bitcoin#crypto

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Originally reported by bloomingbit

NewsLayer coverage based on externally reported material.

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Market Context

₿

Bitcoin

BTC

$81,507

-0.82% (24H)

$82,532$81,777$81,023
8 AM3 PM11 PM7 AM

Market Cap

$1.64T

24H Volume

$19.9B

24H High

$82,826

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

crypto

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