Long-term holders of Ethereum are showing remarkable conviction. Since March, these holders increased their balances by 22.5%. This positive accumulation indicates a commitment to the asset, even amid recent price fluctuations and market uncertainty. By lowering their cost basis, these investors signal a bullish outlook on Ethereum’s future. Their actions suggest confidence in gaining value within the crypto landscape. As we observe these trends, how will Ethereum perform in the coming months? Will this accumulation lead to a price surge? Stay tuned for updates as the crypto market evolves.