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Ethereum sees record single-day inflow with 449K ETH in accumulation addresses

Coin Telegraph LogoCoin Telegraph11h ago

Ethereum sees record single-day inflow with 449K ETH in accumulation addresses - Coin Telegraph

Quick Summary:

This surge suggests that long-term holders remain optimistic about Ethereum’s future, despite recent price declines. Ethereum inflows into accumulation addresses.

Source: CryptoQuantHowever, the realized price for these accumulation addresses is $1,981, meaning these holders are currently at a loss, as the current market price is below this level.

Source: DefiLlamaRelated: Ethereum bounces back as market dominance recovers from all-time lowEthereum faces key resistance at $1,895According to the Cost Basis Distribution (CBD) heatmap for Ethereum, a significant supply concentration is highlighted at $1,895.50, where 1.64 million ETH is held by investors who bought during November 2024.

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Article Details

Author / Journalist: Cointelegraph by Biraajmaan Tamuly

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 20:10:39 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28199129

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 37 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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  • URL: https://citrocola.beamstart.com/news/ethereum-sees-record-single-day-17455221286819

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