⚡️CryptoQuant data shows that over the past 3 months, the number of $ETH flowing into accumulation addresses has reached a new high——

"Accumulation addresses" refer to those that consistently buy for the long term but rarely sell, similar to diamond hands wallets, and are typically seen as long-term optimists or smart money.

Currently, ETH is not at an all-time high and has just gone through a round of correction,

but the scale of inflows at this stage is the most intense and sustained in history, indicating that a significant amount of capital is quietly building positions at the current price level.

This is higher than the inflow peaks before the bull markets of 2018 and 2021, and even surpasses the enthusiasm during the 2020 DeFi summer and the launch of ETH staking.

What does such typical accumulation behavior indicate? What are the holders betting on? 👀