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Glassnode

Description

Definition. The 30-day Accumulation Trend Score broken down by wallet-size cohort. The score reflects the relative size of entities actively accumulating coins on-chain over the past 30 days, combining each entity's balance size (participation score) with the amount of new coins it acquired or sold over that window (balance-change score).

Technical. Miner and exchange entities are excluded.

Interpretation. A score near 1 indicates that on aggregate, larger entities within the cohort are accumulating, a score near 0 indicates they are distributing or not accumulating.

This is the Point-in-Time (PiT) variant of Accumulation Trend Score by Wallet Size (30d). PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.