The post ETH Accumulation Wallet Balances Rise By 33%: Will ETH Price Follow? appeared on BitcoinEthereumNews.com.

Ether’s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH’s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play? ETH accumulation addresses absorb 6.5 million Ether Ether’s recent rally was preceded by an 89% surge in daily active addresses (DAA), which jumped to 730,278 from 384,763 on April 5. The increase in Ethereum’s active addresses indicates increased user interaction with the network, which is generally a positive. The chart below shows that activity increased significantly as Ether price rose to $2,300.  Ethereum daily active addresses. Source: CryptoQuant Similar activity has been consistently observed near macro bottoms since 2022, preceding significant ETH price rallies. Daily inflows into accumulation addresses have also increased since mid-2025, reaching an all-time high of 1.14 million ETH in November 2025. The inflows have continued to climb in 2026, averaging 200,000 ETH per day, with a spike to over 358,000 on Thursday. Related: ETH/BTC ratio hits 10-week high as Ether outpaces Bitcoin: Are new price highs next? The amount of ETH held in accumulation wallets, or holders with no history of selling, has increased by 6.5 million to 26.16 million from 19.64 million on Jan. 1, representing a 33% increase. The ETH supply held in accumulation addresses is a key indicator for traders and market participants, as it reflects overall confidence in Ether’s long-term outlook. ETH inflows into and balance in accumulation addresses. Source: CryptoQuant The total value of ETH staked further reinforces this outlook. The metric now stands at 39.2 million ETH, signaling growing investor confidence. Staked ETH supply. Source: Dune As Cointelegraph reported, Ether supply held on exchanges has fallen to multi-year lows, further tightening liquidity on order books.  Ether cup-and-handle chart breakout targets $3,150 The ETH/USD pair may resume…

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Filed under: News - @ April 18, 2026 3:26 am