Long-term ethereum ETH -1.62% holders have been accumulating ETH over the past few weeks, according to market intelligence firm IntoTheBlock.
Long-term ethereum investors took action earlier this year and bought more than 4 million ETH worth $12.6 billion in a matter of weeks, the firm said in a new report.
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As the price plummeted in late January, addresses that held ETH for more than a year added more than 4 million ETH to their positions in a matter of weeks, leading their holdings to a yearly high.
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