Ethereum is trading near crucial support levels amid market volatility, with significant accumulation by long-term holders. On-chain data reveals that 17 million Ethereum coins have been added to accumulation addresses in 2025, increasing the total from 10 million to over 27 million. Currently priced at $2,967.76, Ethereum is approximately 8% above the Accumulation Addresses Realized Price, a critical metric for long-term investors.
Technical analysis shows Ethereum remains above the 200-week moving average, indicating a strong long-term trend. However, it faces resistance at the 50-week moving average, suggesting potential challenges ahead. This accumulation trend highlights continued confidence among long-term investors despite market fluctuations.
Ethereum Approaches Key Support as Long-Term Holders Accumulate
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