US EditionEthereum Whales Stack 449K ETH in a Day, but $1,895 Resistance Holds Firm
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Ethereum Whales Stack 449K ETH in a Day, but $1,895 Resistance Holds Firm
449k ETH added by holders despite price dip $2,142 is seen as a critical recovery target Ethereum’s highly anticipated Pectra upgrade is scheduled to go live on May 7 A few days ago, Ethereum saw a historic single-day inflow of 449,000 ETH into accumulation addresses – wallets that have never spent funds. This marks the highest daily inflow since 2018, suggesting that these Ethereum whales are optimistic about Ethereum’s future, even though many…
Ethereum records single-day influx of 449K
Even as Ethereum’s price tested lows around the $1,400 level, wallets designated for accumulation experienced unprecedented inflows, reaching volumes unsurpassed since 2018 over the last ten days. A remarkable peak occurred on April 22, when an all-time high of 449,000 Ether, valued at approximately $785 million (using an average price of $1,750 for that day’s transfers), flowed into these specific addresses. Historic Accumulation vs. Holder Pro…
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