<ul><li>Ethereum (ETH) is considered ‘insanely undervalued’ by a crypto trader, supported by on-chain metrics such as accumulation addresses stacking the digital asset despite lackluster price performance.</li><li>ETH has shown an 8% increase in the past two weeks but remains down 43% over the past year, trading around $1,700. Ethereum faces competition from rival smart contract platforms, raising questions about its long-term outlook.</li><li>Despite prevailing negative sentiment, some analysts believe ETH could be on the verge of a turnaround, with potential for a massive rally as indicated by metrics like Market Value to Realized Value (MVRV) Z-score entering the green zone.</li><li>Inflows into Ethereum accumulation addresses have surged to historic highs, indicating growing confidence in Ethereum’s future value. Ethereum’s diminishing exchange reserves and parallels drawn with BTC's past performance suggest a potential new ATH in the coming months.</li></ul>

Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent?

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