Increased Ethereum (ETH) Accumulation Observed as Investors Wager on Temporary Price Surges: CQ
Rewritten Article:
ETH Enthusiasts Go ALL-IN: Long-term Hodlers Pump Up Holdings Amid Volatility
Long-term Ethereum (ETH) investors are showing some serious commitment, as data reveals they've upped their ETH stash by a whopping 22% in barely two months, brushing off recent market turbulence like it's nothing.
A recent report from CryptoQuant highlights that the number of accumulation addresses—those that stack ETH without sudden, significant sales—has swelled substantially. This surge indicates a fresh wave of "unshakeable faith" among traditionally cautious investors.
Diving Deeper into Holder Behavior
CryptoQuant analyst Carmelo Alemán explains that following a cycle high of $4,107 in late December 2024, ETH endured a brutal sell-off, forcing long-term holders into "underwater territory" when its value tanked to $1,866. However, defying the bearish run, these investors have been scooping up ETH like candy, so much so that their collective realized price plummeted to $1,980 by early May 2025. This aggressive buying strategy signals an unyielding belief that ETH is poised for a price explosion.
Experts refer to the Realized Price as the average purchase price of all coins in circulation. Insightful, right? It offers insight into the historical cost basis of each investor, shedding light on both short- and long-term strategies.
Since March 10, the volume of ETH held by accumulation addresses has mushroomed from 15.53M to 19.03M tokens, with investors taking advantage of the plunging prices to double down on their bets.
"ETH investors are sending a clear message: they're bullish AF about this asset, project, and ecosystem," Alemán proclaimed. "Their on-chain behavior underscores a deep-seated conviction and expectations of short-term upward momentum."
Mixed Bag Despite Positive Signals
The recent surge in bullish sentiment appears to line up with technical signals and community chatter captured in the crypto cosmos. Forecaster Michaël van de Poppe noted that Ethereum's price chart is brewing a classic falling wedge, often interpreted as a precursor to bullish breakouts.
“ETH is consolidating before a monumental breakout,” van de Poppe shared, pointing to converging trendlines and soaring trade volumes as harbingers of imminent volatility. "The liquidity is up for grabs, it just needs a bit of a push."
The world's second-largest cryptocurrency by market cap has climbing 10% in the past couple of weeks, breaching the $1,800 barrier once more. Yet, its performance over the past year has been disappointing, with its price plummeting more than 42% in the past year.
Binance Score Big Bucks (our exclusive): Sign up here and score a $600 welcome bonus bounty on Binance*[More Details]LIMITED TIME OFFER for our readers at Bybit: Sign up here and open a $500 free position on any coin!EthereumEthereum (ETH) Price Facebook Twitter LinkedIn Telegram*
- The commitment of long-term Ethereum (ETH) investors is evident as they have increased their ETH holdings by 22% in just two months, even amid market volatility.
- CryptoQuant analyst Carmelo Alemán observed that long-term ETH holders, despite facing a sell-off that pushed ETH prices into "underwater territory," have been aggressively purchasing ETH, driving down their collective realized price.
- The Realized Price, which represents the average purchase price of all ETH in circulation, offers insights into the historical cost basis of each investor, indicating short- and long-term strategies.
- Since March 10, the number of ETH held by accumulation addresses (those buying and holding ETH without significant sales) has grown from 15.53M to 19.03M tokens, suggesting a growing bullish sentiment.
- Forecaster Michaël van de Poppe predicts a bullish breakout for ETH, as its price chart on the Exchange shows a classic falling wedge pattern and increasing trade volumes, hinting at a potential price explosion.
