Ethereum $ETH has recently demonstrated signs of stabilization around the $3,700 mark after enduring selling pressure the previous week. The resilience of Ethereum's on-chain indicators suggests a potential for upward buying pressure, signaling robust investor confidence.
Renowned analytical platform IntoTheBlock has provided notable insights in a recent X post. The platform revealed that on Thursday, large $ETH holders recorded a net inflow of 267,000 ETH, marking the highest daily accumulation since March. This substantial inflow indicates that significant investors are bolstering their positions in Ethereum, reflecting a strong accumulation trend.
