Ethereum Bullish Signal: Number Of Holders With 1 ETH Touches New ATH

Ethereum accumulation patterns have pointed towards bullish trends. Whales, as well as small investors, have started to fill up their bags with the altcoin after the crash that brought it down to the $2,100 level. This time around, it is smallholders going on an accumulation spree as the number of wallets holding at least 1 ETH, not their balance touches a new high. New Milestone For Ethereum The latest milestone for the digital asset has come after a disappointing week in the market. As the number of active investors in the crypto space continues to rise, so has the number of investors who are increasing their holdings over time. Related Reading | Which Cryptocurrencies Suffered The Worse Collapse Since All-Time Highs? Previously, the number of Ethereum addresses holding at least 1 ETH had reached a new all-time high of 1,407,198. This had happened in the third week of January. Now, barely a week after that, Ethereum has hit a new milestone with this metric. On-chain analysis firm Glassnode reported on Wednesday that the network had beaten its previous record. The new number now sits at 1,407,532 active addresses with at least 1 ETH on their balance. 📈 #Ethereum $ETH Number of Addresses Holding 1+ Coins just reached an ATH of 1,407,532 Previous ATH of 1,407,198 was observed on 21 January 2022 View metric:https://t.co/IuKpD48IXd pic.twitter.com/QNH3rpxYHq — glassnode alerts (@glassnodealerts) January 26, 2022 Glass...