"Inflow of Ethereum (ETH) into Accumulation Addresses in the Last 10 Days, Highest Since 2018"
Summary
- It was reported that the inflow of Ethereum (ETH) into accumulation addresses in the past 10 days has reached its highest level since 2018.
- It was stated that 449,000 ETH flowed in on the 22nd alone, marking the largest daily inflow ever.
- Despite the optimistic outlook of long-term holders, it was reported that indicators related to DeFi (Decentralized Finance) remain at a low level.
On the 24th (local time), according to the cryptocurrency media outlet Cointelegraph, the amount of ETH flowing into Ethereum (ETH) accumulation addresses in the past 10 days has reached its highest level since 2018.
Particularly on the 22nd (local time), 449,000 ETH flowed into accumulation addresses in one day, marking the largest daily inflow in Ethereum's history.
The media stated, "This increase in accumulation address inflow indicates that long-term holders remain optimistic about ETH despite recent price sluggishness," adding, "On-chain indicators, such as the increase in the number of active Ethereum addresses, also show a positive trend."
However, it added, "Indicators related to decentralized finance (DeFi) remain at a low level."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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