CryptoOnchain2025-09-18

Ethereum Accumulation Boom: Balances Doubled Since June

Since June 1st, 2025, the accumulation trend of Ethereum by Accumulating Addresses has entered an entirely new phase. Historically, from 2018 until mid-2025, the balance of these addresses showed a steady but moderate upward slope. However, starting in June, the chart has shifted into an exponential growth pattern. On June 1st, the balance of these addresses stood at around 13M ETH. As of mid-September 2025, this number has skyrocketed to nearly 28M ETH. This means a more than two-fold increase within less than 4 months, reflecting aggressive accumulation by strategic and large-scale investors. 🔑 Key Insights: This unprecedented surge signals strong long-term accumulation behavior. Such significant demand pressure could substantially reduce available supply on the market, potentially paving the way for stronger bullish movements. When combined with macroeconomic catalysts or Ethereum’s network-level upgrades (e.g., scalability improvements, institutional adoption), the implications of this accumulation phase could become even more impactful.