{"id":25256,"date":"2025-05-05T16:32:41","date_gmt":"2025-05-05T16:32:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25256"},"modified":"2025-05-05T16:32:41","modified_gmt":"2025-05-05T16:32:41","slug":"eth-accumulation-spikes-as-holders-bet-on-short-term-price-gains-cq","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25256","title":{"rendered":"ETH Accumulation Spikes as Holders Bet on Short-Term Price Gains: CQ"},"content":{"rendered":"
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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.<\/p>\n

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 \u201cstructural conviction\u201d among investors.<\/p>\n

A Closer Look at Holder Behavior<\/h2>\n

According to analysis<\/a> by CryptoQuant\u2019s Carmelo Alem\u00e1n, since a cycle high of $4,107 attained on December 16 last year, the price of ETH has endured a sustained correction. The bearish run finally put long-term holders into \u201cunrealized loss territory\u201d as the cryptocurrency\u2019s value hit $1,866, nearly 8% below the Realized Price of $2,026.<\/p>\n

Experts describe Realized Price as the average price at which all coins in circulation were last transacted on-chain, and it is used to provide insight into the historical cost basis of investors.<\/p>\n

Since March 10, the volume of ETH held by accumulating addresses has grown from 15.53 million to 19.03 million tokens. Investors seized the opportunity occasioned by falling prices to buy more, driving down their collective realized price to $1,980 by May 3. This effectively signaled a doubling down on their belief that the cryptocurrency is getting ready for a price breakout.<\/p>\n

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\u201cETH investors demonstrate strong belief in the asset, project, and ecosystem,\u201d wrote Alem\u00e1n. \u201cTheir On-Chain behavior reflects structural conviction and clear expectations of short-term appreciation.\u201d<\/p>\n<\/blockquote>\n

Mixed Performance Despite Bullish Undertones<\/h2>\n

The timing of this renewed bullishness appears to match technical signals and community sentiment captured across social media. Popular crypto analyst Micha\u00ebl van de Poppe recently noted<\/a> that Ethereum\u2019s price chart is forming a textbook falling wedge, often viewed as a precursor to bullish breakouts.<\/p>\n

\u201cETH is consolidating before a big breakout upwards,\u201d he stated, pointing to converging trend lines and declining trade volumes as signs of brewing volatility. \u201cThe liquidity is up for grabs, it just needs a news-related item to kick it off.\u201d<\/p>\n

Furthermore, the world\u2019s second-largest cryptocurrency by market capitalization has surged 10% in the last fortnight, bringing the asset back above the $1,800 level. Still, despite the green shoot, its performance in the last year remains underwhelming, with its price down more than 42% in that period.<\/p>\n

The post ETH Accumulation Spikes as Holders Bet on Short-Term Price Gains: CQ<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/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-25256","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\/25256","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=25256"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25256\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}