🔥According to CryptoQuant the demand for #Ethereum has started to increase.

Buying activity by the group of long-term $ETH holders increased to the second highest level reaching 298,000 ETH in a single day. This is the second largest amount this group has ever purchased in a single day.

Through this action, we can see that long-term ETH investors have begun to accumulate strongly again after the strong accumulation last September.