Balinalar ve uzun vadeli sahipler, son fiyat düşüşlerine rağmen Ether biriktirmeye devam ediyor. Analistler bunu yükseliş işareti olarak görüyor.
According to Julio Moreno, the head of research at CryptoQuant, there is a surge in Ethereum demand. Holders keep buying Ether. And it has now reached the second-highest level on record.
Moreno takes June 12 as an example of such accumulation in process. During just one day, accumulation addresses acquired approximately 298,000 Ether tokens, equivalent to roughly $1.34 billion.
This is just a bit shy of the absolute record set on September 11, 2023, when long-term holders purchased 317,000 Ether in 24 hours.
Recent accumulation surge happened even despite an 8.49% price decline over the past seven days.
The $3,500 price level has proved to be a resilient resistance for Ether bulls, analyst notes.
It seems that long-term Ether investors trust some recent news. The chair of the United States Securities and Exchange Commission (SEC), Gary Gensler hinted at the possible approval of spot Ether exchange-traded funds (ETFs) for trading by the end of September. This might bring Ether to the path that has already led Bitcoin to a rather impressive surge earlier this year.