Record accumulation: 449,000 ETH transferred to accumulation addresses despite the decline in the course

Record accumulation: 449,000 ETH transferred to accumulation addresses despite the decline in the course
record accumulation of Ethereum: 449,000 ETH added to accumulation addresses
On April 22, 2023, a remarkable increase in activity was registered in the Ethereum network. Despite a decline in the ETH course, a total of 449,000 ETH were transferred to so-called accumulation addresses. This value represents a record for ether and shows the strong market interest and the trust of investors in cryptocurrency.
Wallets, which are often used by long -term investors or institutional investors, areaccumulation addresses to expand a digital currency position, especially in times of price fluctuations. The addition of this impressive amount of ETH to such addresses could indicate a strategic attitude in which investors use the current market conditions to benefit from potential future price increases.
Overall, interest in Ethereum still seems to remain stable, which is confirmed by this record accumulation. Investors and analysts will be observed closely how the market will develop in the coming weeks, in particular against the background of the current price volatility and the general market situation in the field of cryptocurrencies.