"Ethereum, Clear Accumulation Trend Among Long-Term Holders"

Source
Son Min

Summary

  • "Analysis indicates that long-term holders of Ethereum (ETH) have recently shown a strong accumulation trend."
  • "The report stated that both the buying activity of long-term holders and the cumulative trading volume exhibited a different pattern from before."
  • "On the Binance USDT market, Ethereum was quoted at $2,452, down 0.14% from 24 hours earlier."

Analysis suggests that long-term holders of Ethereum (ETH) are showing a strong accumulation trend.

On the 30th (local time), a crypto sunmoon contributor to CryptoQuant reported in a report that "long-term holders of Ethereum are displaying significant buying pressure," adding that "the cumulative trading volume has also shown a noticeable difference from typical patterns." The report continued, "Something major may be approaching."

As of 7:23 PM, based on Binance USDT market, Ethereum is trading at $2,452, down 0.14% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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