ETH Price Surge Sparks 1.11M ETH Accumulation – Will Ethereum Break $1,800?
Discover how 1.11M ETH accumulation signals rising bullish momentum as Ethereum faces $1,800 resistance. Will the ETH price surge continue or reverse?Ethereum price slipped slightly to $1,760 on Friday, but beneath the surface, bullish forces are gathering. An ETH price surge earlier in the week triggered long-term accumulation, with over 1.11 million ETH added to wallets that have never sold. While Ethereum exchanges recorded net inflows of 178,900 ETH, suggesting profit-taking, key on-chain signals like net taker volume and address activity hint at growing ETH bullish momentum. The battle between profit-booking bears and long-term holders continues. Will ETH price push beyond $1,800 resistance or retreat into its recent downtrend channel?
Ethereum Accumulation Hits 2025 High: 1.11M ETH Grabbed in a Week
Ethereum accumulation addresses, wallets that have never spent ETH, absorbed a record-breaking 1.11 million ETH in just one week, marking the strongest accumulation event of 2025. This aggressive buying came as the Ethereum price hovered below $1,800, suggesting deep-pocketed investors see upside potential. Nearly half of these purchases occurred after Tuesday’s ETH price surge, reinforcing the bullish momentum narrative. This aligns with a steady decline in net taker volume, indicating reduced dominance from short traders. Historically, such spikes in accumulation tend to precede larger rallies, especially when supported by long-term conviction and macro sentiment shifts in ETH price.
Chart 1 – ETH: Inflows into accumulation addresses, published on CryptoQuant, April 25, 2025.
