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Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?
- The total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million.
- The increase in ETH held by accumulation addresses suggests anticipation of a market rally.
- Factors contributing to ETH accumulation include regulatory clarity and approval of Ethereum-based ETFs.
- 70% of ETH holders are in profit, potentially driving ETH prices higher.
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