The post Ethereum Accumulators Increase Holdings By 22% In Face Of Bearish Trend appeared on BitcoinEthereumNews.com.

Ethereum’s price decline from $4,107 in December 2024 has not led ETH’s long-term holders to sell their positions, as they actually grew their Ethereum holdings. The new Ethereum on-chain data shows accumulating wallets remain in the process of ETH purchases as they move further into loss zones. ETH Holders Refuse to Sell: Accumulating Addresses Lower Their Cost Basis “On March 10 they held 15.5356M ETH, and by May 3 this rose to 19.0378M ETH, a 22.54% increase. Behavior reflects structural conviction & clear expectations of short-term appreciation.” – By @oro_crypto pic.twitter.com/yx12tC7N0O — CryptoQuant.com (@cryptoquant_com) May 5, 2025 Market Correction Triggers No Panic The Ethereum price exploded to $4,107 on December 16, then initiated a sustained downward trend. The market drop to $1,866.7 on March 10 affected numerous ETH-accumulating addresses, so they now possess unrealized market losses. CryptoQuant data shows that the realized price for accumulating addresses reached $2,026 at that time. Accumulating addresses consisting of long-term holders maintaining their tokens longer than 155 days represents the stable and influential segment of market participants. Having started the year optimistically, investors maintained their confidence even though their realized prices dropped slightly. During those weeks, these investors decreased their realized price average by approximately 2.32%, from $2,026 on March 10 to $1,980 by May 3. A minor 2.32% price drop indicates patient investors continued their buying strategies during market dips rather than sell-offs. The number of tokens held by these addresses increased by 22.54% to reach 19.03 million ETH during the period lasting from March to May. The holders strategically purchased Ethereum because they wanted to drop their purchase prices while continuing to demonstrate faith in Ethereum’s positive direction. Ethereum’s Network Confidence Remains Unshaken Price fluctuations and bearish market sentiment have failed to deter the steadfast believers who continue their support activities according…

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Filed under: News - @ May 5, 2025 10:29 pm