#EthereumFuture In the past 10 days, the flow of Ethereum (ETH) into accumulation addresses has reached its highest level since 2018. On April 22, 449,000 Ether, valued at an average of $1,750, flowed into these addresses, marking the largest single-day inflow in Ethereum's development history.
This increase indicates that long-term holders remain optimistic about Ethereum's future, despite the recent significant price drop.
However, the actual value of these accumulation addresses is $1,981, meaning that these holders are currently at a loss with the current market price.
Notably, the actual value has been lower than Ethereum's market price since 2018, only recently surpassing it, indicating a shift in holder dynamics.
Ethereum's on-chain activity also shows positive momentum over the past few days.
From April 20 to April 22, the number of active addresses on the network increased by 10%, from 306,211 to 336,366.
This increase and price volatility signal that many investors are engaging with the network and indicate optimistic sentiment.