259,298 BTC Piled Into Bitcoin’s $59K-$67K Drawdown Zone

259,298 BTC Piled Into Bitcoin’s $59K-$67K Drawdown Zone


A gold-colored Bitcoin coin for a story about accumulation during a drawdown. image By Isaac • June 16, 2026 10:30 am •

Bitcoin dropped below $60,000 in early June, and buyers met the move with size.

About 259,298 BTC were added on a net basis since June 5, all of it acquired in the $59,000 to $67,000 band, according to on-chain figures published June 16.

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Bitcoin ranked first by market capitalization in the June 16 CoinGecko selection check, ahead of Ethereum, Tether, BNB, and XRP.

This is the kind of setup that gets attention because it shows demand stepping in exactly where price weakened.

The Accumulation Trend Score measures the relative size of entities actively adding to their holdings on-chain, combining balance size with recent balance change. Values near 1 indicate broad accumulation; near 0, distribution.

As

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