Ether (ETH) sees a surge in long-term holder accumulation, despite a 2% price drop over 24 hours. A record-breaking 298,000 Ether tokens, worth roughly $1.34 billion, were acquired by accumulation addresses on June 12. This is only 6% lower than the record set on Sept. 11, 2023. Meanwhile, Ether's price has declined by 8.49% over the past week, currently trading at $3,472. In other news, the US Securities and Exchange Commission (SEC) hints at possible approval for spot Ether exchange-traded funds (ETF) trading by the end of September.