"Ethereum Long-Term Holders Are Buying More… Still Strong Trust"

Son Min

Summary

Despite Ethereum's performance falling short of expectations, long-term holders continue to buy.
As of the 3rd, Ethereum long-term holders' holdings were 19 million ETH, a 22.54% increase compared to March.
It was evaluated that Ethereum investors show strong belief in the project's and ecosystem's development.

Despite Ethereum (ETH) underperforming expectations, long-term holders continue to buy. On the 5th (local time), Carmelo Aleman, a CryptoQuant contributor, reported that "as of the 3rd, the realized price for Ethereum long-term holders is $1980," and "despite being in an unrealized loss state, long-term holders are continuing to buy." According to CryptoQuant data, as of the 3rd (local time), the Ethereum holdings of long-term holders were about 19 million ETH, a 22.54% increase compared to March 10th (about 15 million ETH). The report evaluated that "Ethereum investors still show strong belief in the project's and ecosystem's development."

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