<ul data-eligibleForWebStory="true"><li>Long-term Ethereum holders have accumulated a significant amount of ETH, signaling potential market activity as they anticipate a rally.</li><li>Nearly 30 million ETH is held in accumulation addresses that have never spent any coins, reaching an all-time high for this group of holders.</li><li>On-chain data indicates a spike in Ethereum activity, with daily transactions surpassing 1,500,000, suggesting increased user engagement and trading interest.</li><li>Despite positive on-chain indicators, technical barriers such as key moving averages and cautious momentum tools may impede immediate bullish momentum for ETH.</li></ul>

Ethereum Network Awakens—Massive On-Chain Moves Signal What’s Coming

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