Long-term holders continue to accumulate ETH despite unrealized losses, showing strong conviction in its long-term value.Exchange inflow rises while funding stays neutral, signaling short-term uncertainty across retail and leveraged traders.Whales are quietly accumulating ETH behind the scenes, with significant outflows from exchanges indicating a high probability of accumulation.Despite the market uncertainty, Ethereum's Total Value Locked increased by 41% in 30 days, signaling renewed activity in the ecosystem.