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Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?
TL;DR
Ether's accumulation wallet balances increased by 33%, with a recent price rally to $2,400. This surge follows an 89% rise in daily active addresses, indicating heightened user engagement.
Key points
- Ether's price rose to $2,400
- Accumulation wallet balances increased by 33%
- Daily active addresses surged by 89% to 730,278
- Accumulation addresses absorbed 6.5 million Ether
- Increased user interaction is generally positive
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Ether’s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH’s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play?
ETH accumulation addresses absorb 6.5 million Ether
Ether’s recent rally was preceded by an 89% surge in daily active addresses (DAA), which jumped to 730,278 from 384,763 on April 5.
The increase in Ethereum’s active addresses indicates increased user interaction with the network, which is generally a positive.
The chart below shows that activity increased significantly as Ether price rose to $2,300.
Ethereum daily active addresses. Source: CryptoQuant
Similar activity has been consistently observed near macro bottoms since 2022, preceding significant ETH price rallies.
Daily inflows into accumulation addresses have also increased since mid-2025, reaching an all-time high of 1.14 million ETH in November 2025. The inflows have continued to climb in 2026, averaging 200,000 ETH per day, with a spike to over 358,000 on Thursday.
Related: ETH/BTC ratio hits 10-week high as Ether outpaces Bitcoin: Are new price highs next?
The amount of ETH held in accumulation wallets, or holders with no history of selling, has increased by 6.5 million to 26.16 million from 19.64 million on Jan. 1, representing a 33% increase.
The ETH supply held in accumulation addresses is a key indicator for traders and market participants, as it reflects overall confidence in Ether’s long-term outlook.
ETH inflows into and balance in accumulation addresses. Source: CryptoQuant
Q&A
What caused the recent 33% increase in Ether accumulation wallet balances?
The increase in Ether accumulation wallet balances is linked to a significant rise in daily active addresses and a price rally to $2,400.
How many Ether were absorbed by accumulation addresses recently?
Accumulation addresses absorbed 6.5 million Ether during the recent price movements.
What does the surge in daily active addresses indicate for Ethereum?
The 89% surge in daily active addresses suggests increased user interaction with the Ethereum network, which is typically seen as a positive sign.
