Ethereum Investors Pile In: 449,000 ETH Accumulated in a Single Day

Despite market uncertainty, Ethereum witnessed an extraordinary accumulation surge. Over 449,000 ETH were transferred to ‘accumulation’ addresses in a single day – a record high for this specific wallet type. This strategic move occurred during a price decline, suggesting long-term investors are betting on the cryptocurrency’s sustained value. While volatility remains a factor, this notable accumulation signifies potential market shifts and raises questions about a changing trend.