$ETH Ethereum price today: $1,760

Ethereum accumulation addresses have purchased more than 1.11 million ETH in the last week.

The constant decrease in the net volume of ETH takers indicates that short traders are experiencing seller exhaustion.

Ethereum exchanges saw net inflows of 178,900 ETH on Thursday, as investors secured profits from their recent price increase.

ETH bears continue to apply pressure at $1,800 and the 50-day SMA obstacle.