<ul><li>Ethereum (ETH) is trading at $1,770, continuing its corrective trend after reaching a cycle high of $4,107 in December 2024.</li><li>Ethereum's spot volume is declining, indicating reduced trading activity and potentially stabilizing the market during the downtrend.</li><li>Lower spot volume could ease downward pressure as sellers may be reducing their positions, leading to a more balanced market structure in the short term.</li><li>Long-term holders of Ethereum are accumulating more despite unrealized losses, with accumulating addresses increasing their balances by over 22% from March to early May.</li></ul>

Ethereum Spot Volume Declines While Long-Term Holders Continue Accumulating

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