Ethereum holders in ‘full-scale’ accumulation as ETH price drops below $2K

Ether inflows into accumulation addresses spike despite ETH price falling below $2,000, signalling strong investor confidence in the long term.

Ethereum accumulation addresses have witnessed a surge in daily inflows since Friday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory despite its latest drop below $2,000.

Key takeaways:

Ether’s drop below $2,000 has left 58% of addresses with unrealized losses.

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