$ETH Holders Accumulate 22.5% More as Addresses Lower Cost Basis, Signaling Bullish Conviction
Despite a months-long correction that has seen Ethereum slide from its cycle high of $4,107 on December 16, 2024, to recent lows, on-chain data shows that long-term ETH holders remain bullish. $ETH
The turning point came on March 10, 2025, when Ethereum’s price dipped to $1,866.70, forcing accumulating addresses (those consistently adding to their ETH holdings without significant selling) into unrealized loss territory.
These addresses, typically classified as long-term holders (LTHs) due to their average holding time exceeding 155 days, had a realized price of $2,026. Rather than panic-selling, these investors doubled down on their conviction.
As tracked by CryptoQuant’s metric, “ETH: Realized Price by Accumulating Addresses,” the cohort responded to this price downturn not by liquidating but by lowering their cost basis.
Shiba Inu Price Prediction: Trader Says ‘Unusual Setup’ Could Trigger This Explosive Move
Shiba Inu (SHIB) has gone up by nearly 18% in the past month as meme coins have made a strong comeback after months of facing significant selling pressure $SHIB
One trader thinks that SHIB’s weekly price action for the past four years or so anticipates an explosive move that could push it to uncharted territory.
Crypto trader Joey Keasberry emphasized that Shiba Inu’s price chart shows “unreal” characteristics as it has been consolidating for nearly four years.
Although there are “no signs of a breakout yet,” he emphasized that a bullish breakout could result in the kind of move that traders should not miss.
Based on Joey’s chart, it would take a move above the $0.000050 to confirm a bullish breakout of this consolidation. Hence, this is a key level to watch to draft a Shiba Inu price prediction. #Shibalnu $SHIB