{"id":23649,"date":"2025-04-24T19:18:31","date_gmt":"2025-04-24T19:18:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23649"},"modified":"2025-04-24T19:18:31","modified_gmt":"2025-04-24T19:18:31","slug":"ethereum-sees-record-single-day-inflow-with-449k-eth-in-accumulation-addresses","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23649","title":{"rendered":"Ethereum sees record single-day inflow with 449K ETH in accumulation addresses"},"content":{"rendered":"<div>\n<p style=\"float:right; margin:0 0 10px 15px; width:240px;\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjFhNjktMDVkYi03Yzk0LTk0MTYtODYwMWI0MDI5YjA5.jpg\"><\/p>\n<\/p>\n<p style=\"float:right; margin:0 0 10px 15px; width:240px;\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjFhNjktMDVkYi03Yzk0LTk0MTYtODYwMWI0MDI5YjA5.jpg\" alt=\"Ethereum sees record single-day inflow with 449K ETH in accumulation addresses\"><\/p>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>\n<p>Ethereum saw a record 449,000 in ETH inflows to accumulation addresses on April 22.<\/p>\n<\/li>\n<li>\n<p>Active addresses rose 10%, signaling growing network engagement, but DeFi activity remains weak with declining DEX volumes.<\/p>\n<\/li>\n<li>\n<p>Holders in accumulation addresses remain underwater with a realized price of $1,981. <\/p>\n<\/li>\n<\/ul>\n<p>Over the past 10 days, Ethereum inflows into accumulation addresses reached their highest levels since 2018. On April 22, a record-breaking 449,000 Ether <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/ethereum-price\" rel=\"\" target=\"_self\" text=\"null\" title=\"https:\/\/cointelegraph.com\/ethereum-price\">(ETH)<\/a>, valued at an average price of $1,750, flowed into these addresses, marking the most significant single-day inflow in Ethereum\u2019s history. This surge suggests that long-term holders remain optimistic about Ethereum\u2019s future, despite recent price declines.\u00a0<\/p>\n<figure><img decoding=\"async\" alt=\"Ethereum sees record single-day inflow with 449K ETH in accumulation addresses\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/019668b6-2c9a-7fb5-a37d-abc119ee0eac\" title=\"\"><figcaption style=\"text-align: center;\"><em>Ethereum inflows into accumulation addresses. Source: CryptoQuant<\/em><\/figcaption><\/figure>\n<p>However, 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. Notably, the realized price had been below Ethereum\u2019s market price since 2018, only recently surpassing it, indicating a shift in holder dynamics.<\/p>\n<figure><img decoding=\"async\" alt=\"Ethereum sees record single-day inflow with 449K ETH in accumulation addresses\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/019668b9-88e6-7cbb-a56d-012e66e843c3\" title=\"\"><figcaption style=\"text-align: center;\"><em>Ethereum realized price for accumulation addresses. Source: CryptoQuant<\/em><\/figcaption><\/figure>\n<p>Ethereum\u2019s onchain activity has also shown positive momentum over the past few days. Between <a data-ct-non-breakable=\"null\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6808de3ae889b042843fa10f-Ethereum-is-Heating-Up-Active-Addresses-Jump-10-in-48-Hours\" rel=\"nofollow noopener\" target=\"_blank\" text=\"null\" title=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6808de3ae889b042843fa10f-Ethereum-is-Heating-Up-Active-Addresses-Jump-10-in-48-Hours\">April 20 and 22,<\/a> active addresses on the network rose by 10%, from 306,211 to 336,366. This increase and upward price movement signal growing network engagement and bullish sentiment. <\/p>\n<p>Yet, decentralized finance (DeFi) activity remains subdued. Data from <a data-ct-non-breakable=\"null\" href=\"https:\/\/defillama.com\/chain\/ethereum?txs=true&amp;stables=false&amp;groupBy=weekly&amp;addresses=false&amp;chainFees=false&amp;volume=true&amp;tvl=false\" rel=\"nofollow noopener\" target=\"_blank\" text=\"null\" title=\"https:\/\/defillama.com\/chain\/ethereum?txs=true&amp;stables=false&amp;groupBy=weekly&amp;addresses=false&amp;chainFees=false&amp;volume=true&amp;tvl=false\">DefiLlama<\/a> indicates that decentralized exchange (DEX) volumes are declining, with transactions holding steady at a weekly average of approximately 1.3 million, suggesting limited DeFi momentum.<\/p>\n<figure><img decoding=\"async\" alt=\"Ethereum sees record single-day inflow with 449K ETH in accumulation addresses\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/019668ba-8bf0-78d0-8542-e47aaf2aeaf5\" title=\"\"><figcaption style=\"text-align: center;\"><em>Ethereum DEXs&#8217; volume and transactions. Source: DefiLlama<\/em><\/figcaption><\/figure>\n<p><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/eth-bounces-back-dominance-recovers-all-time-low\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\"><em><strong>Related: Ethereum bounces back as market dominance recovers from all-time low<\/strong><\/em><\/a><\/p>\n<h2>Ethereum faces key resistance at $1,895<\/h2>\n<p>According to the <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/glassnode\/status\/1915103382370476526\" rel=\"nofollow noopener\" target=\"_blank\" text=\"null\" title=\"https:\/\/x.com\/glassnode\/status\/1915103382370476526\">Cost Basis Distribution (CBD) heatmap<\/a> 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. This level, identified as a potential resistance, could see selling pressure as holders might attempt to break even or lock in profits.\u00a0<\/p>\n<p>Based on a technical analysis, the resistance at $1,895 receives further confirmation. The price hovers near the daily chart&#8217;s 50-day exponential moving average (EMA), a critical trend reversal indicator. A failure to break above this EMA could signal further bearish momentum, while a sustained move higher might offer hope for bulls.<\/p>\n<figure><img decoding=\"async\" alt=\"Ethereum sees record single-day inflow with 449K ETH in accumulation addresses\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/019668a1-eb03-72f9-8e51-89ed987ea28f\" title=\"\"><figcaption style=\"text-align: center;\"><em>Ethereum 1-day chart. Source: Cointelegraph\/TradingView<\/em><br \/><\/figcaption><\/figure>\n<p>Despite this, Ethereum remains in a clear downtrend on higher time frame charts, with no definitive signs of a bullish reversal. A daily close above $2,142 is essential to spark a potential recovery, breaking the pattern of lower highs and lower lows. <\/p>\n<p>However, anonymous trader Rektproof <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/RektProof\/status\/1915269067466031551\" rel=\"nofollow noopener\" target=\"_blank\" text=\"null\" title=\"https:\/\/x.com\/RektProof\/status\/1915269067466031551\">warns<\/a> of an emerging bearish fractal\u2014a repeating price pattern that previously led to declines. This suggests Ethereum could face another rejection and drop below $1,400 if the markets start trending down again. <\/p>\n<figure><img decoding=\"async\" alt=\"Ethereum sees record single-day inflow with 449K ETH in accumulation addresses\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/019668a0-a67b-73fe-8fbd-e0ea65b78125\" title=\"\"><figcaption style=\"text-align: center;\"><em>Ethereum analysis by RektProof. Source: X.com<\/em><\/figcaption><\/figure>\n<p><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/institutions-breakup-ethereum-keep-eth-on-hook\" rel=\"null\" target=\"null\" text=\"null\" title=\"null\"><em><strong>Related: Institutions break up with Ethereum but keep ETH on the hook<\/strong><\/em><\/a><\/p>\n<p class=\"post-content__disclaimer\" type=\"\">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways: Ethereum saw a record 449,000 in ETH inflows to accumulation addresses on April 22. Active addresses rose 10%, signaling growing network engagement, but DeFi activity remains weak with declining DEX volumes. Holders in accumulation addresses remain underwater with a realized price of $1,981. Over the past 10 days, Ethereum inflows into accumulation addresses [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23649","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23649"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23649\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}