Market

Ethereum Experiences Record Single Day Inflow

Over the past 10 days, Ethereum (ETH) has witnessed its highest inflows into accumulation addresses since 2018.

Renewed Confidence

On April 22nd alone, a staggering 449,000 ETH, valued at an average price of $1,750, moved into the addresses, marking the largest single-day accumulation in Ethereum’s history.

 

Source: DefiLlama

 

This influx reflects continued confidence among long-term investors, even as Ethereum’s price faces downward pressure.

 

Still In The Red

Despite the bullish accumulation activity, the realized price for these wallets sits at $1,981. With the market trading below this level, these holders are currently in the red.

Historically, the realized price of accumulation wallets has remained beneath the spot price since 2018, making this recent flip a notable shift in long-term holder behavior.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.

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