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Ethereum Accumulation Shows Patterns Similar To Bitcoin Amid Cycle Weakness

  • Ethereum's balance on accumulation addresses is 19.5 million ETH, valued at $78 billion.
  • Bitcoin accumulation addresses hold 2.8 million BTC worth around $280 billion.
  • Despite Ethereum's smaller market cap, its Ethereum ETF has consistent inflows, indicating strong buying pressure.
  • Ethereum has been lagging behind Bitcoin in the current market cycle, but there may still be growth potential in the coming months.

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