A quiet but remarkable pattern is emerging deep within Ethereum’s on-chain activity.
We're seeing a surge in inflows to a specific group of wallets — ones that have never sold, follow strict accumulation-only behavior. Over the last 48 hours, more than 640,000 ETH has flowed into these addresses, marking the largest inflow since 2018.
Despite the price drawdown, long-term holders appear more committed than ever.
With Ethereum’s fundamentals evolving rapidly and the price under pressure, the silent hands might be signaling something the market is not yet pricing in.
Written by OnChainSchool
