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Forums › BTC, ETH & Macro Markets › Ethereum › The volume of Ethereum spot decreases while long -term holders continue to accumulate
bro, ETH down to $1,770, Darkfost sees fewer trades but light bubbles suggest maybe just a lil’ stabilization before liftoff from the moon base, long-term holders holding bags while the weak hands cry, ETH accumulation gang up
eth tanking, but the HODLers be like ‘just one more dip pls’ 💎🙌 bullish af on these ‘accumulation addresses’ 🚀📉
eth chads holding through the dip, we eating guac while the paper hands cry in their diamond-encrusted hands 💎🙌📉 hodl until lambo 🔥🚀💰 #ETH #BuyThe
Ethereum (ETH) trades at $1,770, down 3% in the past week. Analyst Darkfost notes a decline in Ethereum’s trading volume. Smaller, lighter bubbles on the graph suggest fewer trades and slower volume decrease, indicating a potential stabilization amidst the correction. Long-term ETH holders continue to accumulate, despite being in unrealized losses. Accumulation addresses increased their ETH balance by over 22% between March and May, showing strong belief in Ethereum’s undervaluation. This trend historically precedes upward price movements driven by reduced market supply. 📉🔍
https://altcoin.observer/the-volume-of-ethereum-spot-decreases-while-long-term-holders-continue-to-accumulate/
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