From cointelegraph by Yashu Gola
Ethereum accumulation addresses witnessed a record surge in daily inflows on Feb. 7, suggesting growing confidence in the cryptocurrency’s future price trajectory despite its recent underperformance compared to the broader crypto market.
Data resource CryptoQuant showed Ethereum accumulation addresses receiving 330,705 Ether
ETH$2,617worth $883 million—the highest ever in a day. As a result, the total ETH held by these long-term holders reached a record 19.24 million.
That marks a 20.55% jump so far in 2025 despite ETH price declining 20.75% in the same period.
Accumulation addresses are wallets that continuously receive ETH without making any outgoing transactions. They may belong to long-term holders, institutional investors, or entities strategically accumulating Ethereum rather than actively trading it.
Large spikes in inflows to these addresses often signal strong confidence in Ethereum’s long-term potential, with recent trends showing that such surges frequently precede price rallies.
For example, on Feb. 26, 2023, Ethereum accumulation addresses recorded a then-all-time high daily inflow of over 244,000 ETH. Nearly two months later, ETH’s price rose by almost 35%.
A similar price rally succeeded in July 2024’s inflow spike into the accumulation addresses.
Simultaneously, ETH inflows into US-based spot Ethereum exchange-traded funds (ETF) have increased, reaching around the same levels as November 2024, when Donald Trump’s reelection as the US president boosted upside bias across the crypto market.