Ethereum Accumulation Addresses Pin $2.9K Realized Price – Strong Support Ahead?
Ethereum is navigating a critical phase in the market after shedding more than 14% of its value since September 13. The second-largest cryptocurrency has entered a corrective stage following weeks of strong price surges that carried it to multi-month highs. Despite the recent downturn, sentiment among analysts and investors remains cautiously optimistic, with many expecting […]
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According to a recent CryptoQuant Quicktake post, Ethereum (ETH) accumulation addresses are continuing to stack ETH despite mounting unrealized losses. In the analysis, CryptoQuant contributor Carmelo Aleman noted that these addresses have increased their exposure to ETH, even as the asset trades well below recent highs. Ethereum Holders Are Staying Put Despite Unrealized Loss Since reaching its cycle high of $4,107 in December 2024, ETH has experienced a sharp pullback of over 50%, currently trading around the $1,800 mark. Despite this steep correction, long-term ETH holders –....
Ethereum has slipped below the $2,800 level and is now struggling to hold the $2,700 area, extending a phase of price weakness amid fragile market conditions. Recent price action shows limited follow-through on rebounds. With sellers continuing to cap upside attempts as broader risk appetite remains uneven. While spot momentum has softened, on-chain data suggests a more nuanced picture beneath the surface. Related Reading: XRP Risk-Adjusted Returns Signal Consolidation Rather Than Trend Formation – Details The realized price of the ETH accumulation address continues to trend higher and is....
Ethereum is trading around key demand levels as fear and uncertainty grip the broader crypto market. The second-largest cryptocurrency by market capitalization has struggled to regain bullish momentum, currently hovering near $3,150 after weeks of consistent selling pressure. However, new on-chain data from CryptoQuant reveals that Ethereum might be nearing a crucial accumulation zone — one historically associated with long-term holder activity and market bottoms. Related Reading: Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster According to the report,....
Bitcoin holders have again reaffirmed their faith in the flagship crypto despite its recent price declines. This follows recent data showing that Bitcoin accumulation addresses recorded a new all-time high (ATH) amidst the current market downward trend. Accumulation Addresses Record New All-Time High Of Bitcoin Inflows Data from the on-chain analytics platform CryptoQuant shows that over 27,700 BTC was transferred into accumulation addresses between April 16 and 17. This is a new all-time high (ATH) for these addresses in terms of their daily Bitcoin inflows. Related Reading: Crypto....
Ethereum has undergone a strong rally to $406, up 8% in the past 24 hours. ETH is slated to move higher as there seems to be a trend of accumulation taking place amongst Ethereum investors. Per new data, 250,000 ETH has been siphoned off of Binance in the past 24 hours, which is 10% of the exchange’s holdings. Strong Ethereum Accumulation Taking Place: Data Ethereum has undergone a strong rally over the last day on […]