NewsBTC

6 May 2025

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Ethereum Holders Increase Accumulation Despite Unrealized Losses

Ethereum (ETH) accumulation addresses are increasing holdings despite unrealized losses, as noted in a CryptoQuant analysis. Key points include:

• ETH has dropped over 50% from its December 2024 high of $4,107, currently trading around $1,800.
• Many accumulation addresses have entered unrealized loss territory since March 10, with ETH hitting a local low of $1,866 and a Realized Price of $2,026.
• Accumulation addresses are defined as wallets that consistently receive and hold ETH for over 155 days.
• Since March 10, the Realized Price for these addresses decreased by 2.32% to $1,980 by May 3.
• Despite price declines, these addresses increased their ETH holdings from 15.5356M to 19.0378M, a 22.54% rise.

Analysts are divided on whether ETH may fall further, potentially to $1,200, or if it has already hit a market bottom. A recent bullish golden cross on the daily chart suggests possible upward momentum, with ETH currently at $1,801, down 1.4% in the last 24 hours.