Something very exaggerated is happening on Ethereum. The balance of ETH's' hoarding address' is being vertically ejected. From less than 2 million ETH in 2018, Accumulating nearly 24 million ETH all the way up to now. But what is truly worth noting is: Over the past 8 years, it has gradually accumulated, and in the past year, it has accelerated directly. The price has not yet broken through historical highs, But the ETH held by long-term cumulative addresses has reached a historic high. This represents a large amount of ETH being circulated as chips in the market, Transfer to an address that only buys and is not in a hurry to sell. The most interesting thing is—— The price hasn't been sprayed yet, and the chips have been taken away first. If this accumulation rate continues, The next question may not be: Has anyone bought ETH? '' But rather: How much ETH is left in the market to buy? '' The supply of ETH is being crazily absorbed. The real big market often starts with chips moving first and prices moving last.
