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HODLers in Profit: Ethereum Accumulation Addresses Triple to 24.3M ETH
Aug 29, 2025
< 1 min read
by Wayne Jones
for CryptoPotato
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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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