{"id":76512,"date":"2025-05-05T13:08:09","date_gmt":"2025-05-05T13:08:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/76512\/"},"modified":"2025-05-05T13:08:09","modified_gmt":"2025-05-05T13:08:09","slug":"ethereum-holders-refuse-to-sell-despite-market-struggles","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/76512\/","title":{"rendered":"Ethereum holders refuse to sell despite market struggles"},"content":{"rendered":"<p>\u00a0<\/p>\n<ul>\n<li>A dormant ETH whale woke after 4 years to withdraw 1202 tokens worth $2.2 million.<\/li>\n<li>Ethereum accumulating addresses have seen a significant increase in holdings, particularly among long-term holders.<\/li>\n<\/ul>\n<p>After reclaiming $1.8k levels 10 days ago, <a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum [ETH]<\/a> has struggled to break out and make a major move to the upside.<\/p>\n<p>The altcoin has continued to consolidate between $1727 and $1877. Despite the prolonged consolidation, holders are not giving up on ETH. As such, they continue to hold on.<\/p>\n<p>While Ethereum has experienced a period of uncertainty, Ethereum holders have shown to hold strong even when sitting on unrealized losses.<\/p>\n<p>In fact, amid this price stagnation, accumulating addresses have continued to increase their holdings.<\/p>\n<p>According to <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/6817faf6b3d6283b3a53b998-ETH-Holders-Refuse-to-Sell-Accumulating-Addresses-Lower-Their-Cost-Basis\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">CryptoQuant<\/a>, the cohort has increased their Ethereum exposure by 22.54%. ETH holder\u2019s holdings have increased from 15.5356 million to 19.037 million between the 10th of March and the 3rd of May.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Ethereum-accumulation.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-488452\" class=\"wp-image-488452 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1082\" height=\"466\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Ethereum-accumulation.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-488452\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p>This accumulation trend is more observed among whales. As this accumulation trend has continued over the past day with dormant whales waking up after four years.<\/p>\n<p>As reported by <a href=\"https:\/\/x.com\/OnchainLens\/status\/1919024700359086210\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">OnChainLens,<\/a> this whale has withdrawn 1,202 ETH worth $2.2 million from Binance.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/ETH-whale-exchange-ratio.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-488453\" class=\"wp-image-488453 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1600\" height=\"493\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/ETH-whale-exchange-ratio.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-488453\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<p>This trend is widespread among Ethereum whales, as reflected in the Large Holders\u2019 Netflow to Exchange Netflow Ratio.<\/p>\n<p>The metric shows that large holders are aggressively accumulating, with the exchange ratio dropping to -0.62%, its lowest recent level.<\/p>\n<p>A negative value here indicates that whales are withdrawing more ETH from exchanges than they are depositing, signaling strong accumulation behavior.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Ethereum-Exchange-Netflow-Total-All-Exchanges.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-488454\" class=\"wp-image-488454 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Ethereum-Exchange-Netflow-Total-All-Exchanges.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-488454\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p>This market trend isn\u2019t limited to large holders\u2014it\u2019s visible across all participant levels.<\/p>\n<p>Ethereum\u2019s Exchange Netflow has remained negative for six of the past seven days, with only one exception.<\/p>\n<p>This suggests that retail investors and smaller holders are also withdrawing more ETH from exchanges than they are depositing. Such behavior signals growing confidence in Ethereum\u2019s future price potential.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Ethereum-ETH-09.53.16-05-May-2025.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-488455\" class=\"wp-image-488455 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"867\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/05\/Ethereum-ETH-09.53.16-05-May-2025.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-488455\" class=\"wp-caption-text\">Source: Santiment<\/p>\n<p>The growing cumulative addresses have pushed Ethereum\u2019s scarcity to recent highs. As such, stock to flow ratio has spiked to a yearly high of 374. A spike in SFR reflects growing scarcity, with less ETH readily available to sell.<\/p>\n<p>Often, a high scarcity while demand remains strong drives prices higher.<\/p>\n<p><strong>What does it mean for ETH<\/strong><\/p>\n<p>Despite ETH\u2019s price struggles, accumulation continues, signaling strong belief in its asset value, project, and ecosystem.<\/p>\n<p>This trend reflects structural conviction and clear expectations for short-term price appreciation.<\/p>\n<p>Put simply, Ethereum holders are displaying bullish sentiment, positioning the altcoin for potential price gains.<\/p>\n<p>If accumulation persists and outpaces selling pressure, ETH could break out of consolidation and push toward $2,000. However, if the tug-of-war between holders and speculative bears continues, ETH may remain range-bound for a longer period.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tPrevious: <a href=\"https:\/\/ambcrypto.com\/xrp-price-prediction-identifying-key-targets-after-2-30-rejection\/\" rel=\"next noopener\" data-wpel-link=\"internal\" target=\"_blank\">XRP price prediction: Identifying key targets after $2.30 rejection<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/senate-showdown-puts-trumps-crypto-bill-on-the-brink-as-democrats-revolt\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Senate showdown puts Trump\u2019s crypto bill on the brink as Democrats revolt<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0 A dormant ETH whale woke after 4 years to withdraw 1202 tokens worth $2.2 million. Ethereum accumulating&hellip;\n","protected":false},"author":2,"featured_media":76513,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-76512","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114455387063611123","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/76512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=76512"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/76512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/76513"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=76512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=76512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=76512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}