Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally?
Ethereum (ETH) accumulation addresses are increasing their holdings despite significant unrealized losses. Since reaching a high of $4,107 in December 2024, ETH has dropped over 50%, currently trading around $1,800. Long-term holders, particularly those with accumulation addresses, continue to hold rather than sell. Many of these addresses have entered unrealized loss territory since March 10, with ETH falling to a local low of $1,866 and a Realized Price of $2,026. Accumulation addresses, which typically hold ETH for over 155 days, are seen as indicators of investor confidence in a potential bullish reversal. The Realized Price for these addresses has decreased by 2.32% since March 10, yet holdings have increased. Analysts are divided on whether ETH has hit its market bottom, with some predicting further declines to $1,200, while others suggest it may have already bottomed out. A recent golden cross on the daily chart adds to the bullish sentiment.
