Long-term holders increased their holdings by 298,000 ETH yesterday, setting the second highest single-day record

According to TechFlow, Julio Moreno, head of research at CryptoQuant, posted on social media that the demand for Ethereum surged yesterday, with the single-day purchase volume of permanent holders hitting the second-highest record in history, reaching 298,000 ETH, worth about $1.34 billion.

It is reported that this single-day purchase volume is only 6% lower than the record on September 11, 2023, when long-term holders purchased 317,000 ETH when the ETH price fell below $1,600.