{"id":116688,"date":"2024-10-21T12:43:46","date_gmt":"2024-10-21T05:43:46","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=116688"},"modified":"2024-10-21T12:43:46","modified_gmt":"2024-10-21T05:43:46","slug":"ethereum-investors-choose-to-go-long-staked-supply-climbs-to-29","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=116688","title":{"rendered":"Ethereum investors choose to go long? Staked supply climbs to 29%"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<ul>\n<li><em><span style=\"font-weight: 400;\">Ethereum long-term accumulation addresses now hold over 19 million ETH, nearly doubling since January 2024.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">With nearly 29% of ETH\u2019s total supply staked, reduced market liquidity could support future price stability.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/category\/ethereum-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum [ETH]<\/a> was experiencing a surge in long-term accumulation, with more than 19 million ETH held in addresses as of the 18th of October. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This marks a significant rise from 11.5 million ETH at the start of the year, reflecting growing confidence among investors about Ethereum\u2019s long-term prospects.<\/span><\/p>\n<h2><b>Ethereum accumulation rises<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Data from <a href=\"https:\/\/cryptoquant.com\/analytics\/query\/65e6a5e6830b4403b137994c\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">CryptoQuant<\/a> revealed a substantial increase in <a href=\"https:\/\/ambcrypto.com\/ethereums-promised-upgrades-could-aid-price-recovery-but-until-then\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum<\/a> held in accumulation addresses. In January 2024, these addresses held 11.5 million ETH, and by October, this figure had nearly doubled.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Experts suggest that by the end of the year, the amount held in these addresses could surpass 20 million ETH, continuing this upward trend.<\/span><\/p>\n<div id=\"attachment_435021\" style=\"width: 1856px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-435021\" class=\"size-full wp-image-435021\" alt=\"Ethereum cohort\" width=\"1846\" height=\"378\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis.png 1846w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-300x61.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-1024x210.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-768x157.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-1536x315.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-1200x246.png 1200w\" data-lazy-sizes=\"(max-width: 1846px) 100vw, 1846px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-435021\" class=\"size-full wp-image-435021\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis.png\" alt=\"Ethereum cohort\" width=\"1846\" height=\"378\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis.png 1846w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-300x61.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-1024x210.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-768x157.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-1536x315.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETH-cohort-analysis-1200x246.png 1200w\" sizes=\"auto, (max-width: 1846px) 100vw, 1846px\"\/><\/a><\/p>\n<p id=\"caption-attachment-435021\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">This increase in long-term holdings signals that large investors and ETH supporters are building their positions with the expectation of future growth. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The approval of Spot ETFs in early 2024 has also contributed to this accumulation by drawing more mainstream attention to ETH.\u00a0<\/span><span style=\"font-weight: 400;\">The rise in ETH staking is another driving force behind the increased accumulation.<\/span><\/p>\n<h2><b>Staked Ethereum near 30% of supply<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">As accumulation grows, staking has also become a key factor in Ethereum\u2019s market dynamics. Data from <a href=\"https:\/\/dune.com\/hildobby\/eth2-staking\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Dune Analytics<\/a> shows that 34,600,896 ETH was staked at press time, representing nearly 29% of ETH\u2019s total supply.<\/span><\/p>\n<div id=\"attachment_435024\" style=\"width: 798px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-435024\" class=\"size-full wp-image-435024\" alt=\"Ethereum staked\" width=\"788\" height=\"272\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1.png 788w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1-300x104.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1-768x265.png 768w\" data-lazy-sizes=\"(max-width: 788px) 100vw, 788px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-435024\" class=\"size-full wp-image-435024\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1.png\" alt=\"Ethereum staked\" width=\"788\" height=\"272\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1.png 788w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1-300x104.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/png-1-768x265.png 768w\" sizes=\"auto, (max-width: 788px) 100vw, 788px\"\/><\/a><\/p>\n<p id=\"caption-attachment-435024\" class=\"wp-caption-text\">Source: DuneAnalytics<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">With a substantial portion of ETH now locked up in staking contracts, the overall market may experience reduced sell-side pressure. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This could provide support for Ethereum\u2019s price in the near future, as less ETH is available for trading, which could contribute to price stability or even further price appreciation.<\/span><\/p>\n<h2><b>Ethereum maintains a positive trend<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">AT press time, <a href=\"https:\/\/ambcrypto.com\/why-ethereums-rebound-to-2-7k-hinges-more-on-memecoins-than-on-bitcoin\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum<\/a> was trading at $2,649, slightly above key support levels.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> The 50-day moving average at $2,476 has provided strong support, while the 200-day moving average at $3,022 served as a critical resistance point.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> A breakthrough above this resistance level will be essential for ETH to sustain a longer-term rally.<\/span><\/p>\n<div id=\"attachment_435026\" style=\"width: 1501px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-435026\" class=\"size-full wp-image-435026\" alt=\"Ethereum price trend\" width=\"1491\" height=\"740\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06.png 1491w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-300x149.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-1024x508.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-768x381.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-1200x596.png 1200w\" data-lazy-sizes=\"(max-width: 1491px) 100vw, 1491px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-435026\" class=\"size-full wp-image-435026\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06.png\" alt=\"Ethereum price trend\" width=\"1491\" height=\"740\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06.png 1491w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-300x149.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-1024x508.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-768x381.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/ETHUSD_2024-10-20_11-19-06-1200x596.png 1200w\" sizes=\"auto, (max-width: 1491px) 100vw, 1491px\"\/><\/a><\/p>\n<p id=\"caption-attachment-435026\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) sits at 61.61, indicating moderate bullish momentum without entering overbought territory. <\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\">Read <a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Ethereum\u2019s [ETH] Price Prediction<\/a> 2024-25<\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Chaikin Money Flow (CMF) was slightly negative at -0.07, reflecting limited buying pressure but not enough to signal a bearish trend reversal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although Ethereum maintains a positive outlook, surpassing the $3,022 resistance is key for a stronger upward trajectory. If market volatility arises, the 50-day moving average at $2,476 could act as crucial support.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"previous-blog\">\nPrevious: <a href=\"https:\/\/ambcrypto.com\/cardano-social-buzz-equals-gains-how-ada-stands-to-benefit\/\" rel=\"next\" data-wpel-link=\"internal\">Cardano: Social buzz equals gains? How ADA stands to benefit<\/a> <\/div>\n<div class=\"next-blog\">\nNext: <a href=\"https:\/\/ambcrypto.com\/bitcoin-buying-pressure-soars-will-btc-drop-to-66k-again\/\" rel=\"prev\" data-wpel-link=\"internal\">Bitcoin buying pressure soars, but here\u2019s why BTC can fall to $66K<\/a> <\/div>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/ethereum-investors-choose-to-go-long-staked-supply-climbs-to-29\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum long-term accumulation addresses now hold over 19 million ETH, nearly doubling since January 2024. With nearly 29% of ETH\u2019s total supply staked, reduced market liquidity could support future price &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=116688\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-116688","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116688"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/116688\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}