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HODLers in Profit: Ethereum Accumulation Addresses Triple to 24.3M ETH
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Ethereum’s long-term holders are stacking coins at an unprecedented pace, with on-chain data showing that accumulation addresses now control 24.3 million ETH, nearly three times the amount seen before U.S. spot ETF approvals in May 2024.
The sharp rise has fueled speculation that institutional capital is driving a new wave of conviction buying.
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Ethereum Price Slips Below $3,000, Setting Up A Support Battle
Ethereum Price Breaks Back To $3K As Traders Question Follow-Through
HODLers in Profit: Ethereum Accumulation Addresses Triple to 24.3M ETH
Share:
Ethereum’s long-term holders are stacking coins at an unprecedented pace, with on-chain data showing that accumulation addresses now control 24.3 million ETH, nearly three times the amount seen before U.S. spot ETF approvals in May 2024.
The sharp rise has fueled speculation that institutional capital is driving a new wave of conviction buying.
In This News
Share:
In This News
Share:
Read More
Ethereum Price Slips Below $3,000, Setting Up A Support Battle