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Ethereum sees record single-day inflow with 449K ETH in accumulation addresses

cryptoweekly by cryptoweekly
April 24, 2025
in bitcoin, News
0

Ethereum accumulation addresses saw record historic inflows as ETH price fell to $1,400, but weak DeFi activity and a long-term downtrend challenge the chance of a bullish recovery.

Key Takeaways:

Ethereum saw a record 449,000 in ETH inflows to accumulation addresses on April 22.

Active addresses rose 10%, signaling growing network engagement, but DeFi activity remains weak with declining DEX volumes.

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Recent Posts
  • Altcoins are rocketing, Bitcoin dominance hasn’t ‘even sneezed’: Analyst
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  • Crypto regulators call for investor protection in the crypto ecosystem
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