ETH Accumulation Spikes as Holders Bet on Short-Term Price Gains: CQ
The Ethereum (ETH) ecosystem seems to have received an injection of optimism, with on-chain data showing an interesting trend: long-term holders are doubling down on their positions, unfazed by recent price volatility.
A new report from CryptoQuant shows that accumulating addresses, those that consistently receive ETH without making any major sales, have increased their holdings by more than 22% in less than two months, a sign that there is a renewed wave of “structural conviction” among investors.A Closer Look at Holder Beha
View OriginalThe Ethereum (ETH) ecosystem seems to have received an injection of optimism, with on-chain data showing an interesting trend: long-term holders are doubling down on their positions, unfazed by recent price volatility.
A new report from CryptoQuant shows that accumulating addresses, those that consistently receive ETH without making any major sales, have increased their holdings by more than 22% in less than two months, a sign that there is a renewed wave of “structural conviction” among investors.A Closer Look at Holder Beha