On Wednesday, Etherum accumulation addresses saw a acute boost in daily inflows, suggesting growing confidence in Ether (ETH) long-term price trajectory after the recent rally to $2,400.
Key takeaways:
- Accumulation addresses absorbed approximately $592 million in ETH on Wednesday, signaling aggressive long-term buying.
- Ether’s ascending triangle predicts an boost in the price of ETH to $3,315.
Ethereum accumulators add $592 million in ETH
Investor confidence in Ether has returned following a 39% rebound from multi-year lows below $1,750.
Data from CryptoQuant showed daily inflows into accumulation addresses have been growing steadily since mid-2025, reaching an all-time high of 1.14 million ETH in November 2025. In 2026, inflows continued to boost, reaching an average of 200,000 ETH per day.
These addresses received 246,620 ETH on Tuesday, worth approximately $592 million at the current rate.
ETH affects accumulator addresses. Source: CryptoQuant
Accumulator addresses are wallets that continuously receive ETH without making any outgoing transactions. They may belong to long-term holders, institutional investors, or those strategically accumulating Ethereum rather than actively trading it.
As a result, the total ETH held by these long-term holders reached a record high of 25 million ETHwhich means an boost of 20.36% so far in 2026.
Huge spikes in inflows to these addresses often signal high confidence in Ether’s long-term potential, with past trends showing that such spikes often precede price increases.
For example, on June 22, 2025, a daily inflow of over 380,000 ETH was recorded to Ethereum accumulation addresses. Almost 30 days later, the price of ETH increased by almost 85%. A similar price boost followed a surge of funds into accumulation addresses in November 2025.
Whale portfolios are also showing bullish signals. The chart below shows that whale wallets with a balance of 10,000-100,000 ETH have recorded an all-time high of over 19.5 million tokens after rapid accumulation over the last 30 days.
Wallets holding over 100,000 ETH also increased their holdings to 4.7 million ETH, an boost of 30% in 2026.
Ethereum: Balance by holder value
As Cointelegraph reportedTaker Ether’s cumulative spot volume delta, which has been rising since early April, also suggests growing confidence among buyers.
How high can the price of ETH rise?
Ether’s liquidation heatmap shows the price eating up liquidity around $2,400, with vast bid orders still at $3,000 and between $3,350 and $3,500.
“If USD ETH breaks $2,500, there will be a steady increase to $3,000” – CW8900 crypto analyst he said in a Wednesday post on X, adding:
“For short positions, there is almost no resistance.”
ETH liquidation heat map. Source: CoinGlass
From a technical perspective, the ETH/USD pair is aiming to break the horizontal ascending triangle trend line at $2,400.
A daily candle close above the 200-day exponential moving average at $2,700 will confirm the continuation of the uptrend towards the measured triangle target of $3,315. Such a move would bring total gains to 40%.
ETH/USD daily chart. Source: Cointelegraph/TradingView
XForceGlobal technical analyst shared a chart suggesting that Ether may hit a macro bottom, with Elliott Wave analysis predicting a rise to $3,500 after breaking resistance at $2,600-2,700.
ETH/USD daily chart. Source: XForceGlobal
As Cointelegraph reporteda close above the USD 2,600-2,700 area would confirm the trend change, paving the way for the ETH/USD pair to rise towards USD 3,000.
