$ETH 🛑 Bulls for ETH have returned: 640k ETH accumulated before the breakout 🚀

Ethereum shows strong bullish signals as long-term holders actively invest. Over 640,000 ETH has flowed into accumulation addresses — wallets that have never spent their ETH — marking the largest inflow since 2018.

While 305,000 ETH moved to exchanges last week, and whales sold about 63,000 ETH, the mass accumulation indicates growing confidence among long-term investors.

With over 1.11 million ETH having moved to dormant wallets from April 17 to 23, the market is clearly gearing up for a significant move. Despite short-term selling pressure, bulls appear stronger than ever. Ethereum may be preparing for a powerful breakout 📉📈