Darkfost
๐ฅ ETH inflows into accumulator addresses are exploding !
Yesterday, almost 400k ETH were accumulated by these very specific addresses. Even more impressive, on September 18th, a record was set with 1.2M ETH accumulated ! This is a historic first for Ethereum. Accumulator addresses are defined as wallets that have made at least two transactions with a minimum ETH amount, without ever having executed a single selling transaction. We can therefore associate this type of address with long-term holder behavior. Some players are clearly not joking around, and some of these addresses could be linked to entities offering ETH ETFs, which have seen demand surge recently.