Key Takeaways:
Ethereum saw a record 449,000 in ETH inflows to accumulation addresses on April 22.
Active addresses rose 10%, signaling growing network engagement, but DeFi activity remains weak with declining DEX volumes.
Holders in accumulation addresses remain underwater with a realized price of $1,981.
Over the past 10 days, Ethereum inflows into accumulation addresses reached their highest levels since 2018. On April 22, a record-breaking 449,000 Ether (ETH), valued at an average price of $1,750, flowed into these addresses, marking the most significant single-day inflow in Ethereum’s history. This surge suggests that long-term holders remain optimistic about Ethereum’s future, despite recent price declines.
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