CoinWorld News reports that on-chain data firm Glassnode shows that during the significant pullback of Bitcoin, the market experienced a substantial accumulation of chips in the $60,000 to $70,000 range. Over 400,000 BTC were accumulated by investors, indicating strong "bottom-fishing" behavior. The BTC supply in this price range has increased from approximately 997,000 on January 1 to about 1.43 million now, an increase of approximately 429,000, or 43%. Currently, over 8% of the circulating supply outside exchanges has a cost basis concentrated in this range, and a dense accumulation zone has already formed.