Ether accumulation wallets jump 33% as ETH nears $3,000

Ether held in accumulation wallets-addresses with no recorded selling history-rose 33% to 26.16 million ETH from 19.64 million on Jan. 1, an increase of about 6.5 million ETH. The change coincided with Ether trading near $2,400.

Daily active addresses on the Ethereum network climbed about 89% to roughly 730,278 from about 384,763 on April 5. Daily inflows to accumulation addresses hit a record 1.14 million ETH in November 2025. In 2026 inflows averaged about 200,000 ETH per day and spiked above 358,000 ETH on a recent trading day.

Staked ETH totals about 39.2 million. ETH balances held on exchanges have declined to multi-year lows, reducing the amount of ETH available for immediate trading.

Technical charts show a cup-and-handle pattern on the 12-hour timeframe with a neckline near $2,400; a confirmed close above that level projects a measured target of about $2,960. A larger cup-and-handle on the daily chart carries a measured target near $3,150. The relative strength index stood at about 68 on the cited timeframe. Analysts note that holding roughly the $2,350–$2,400 zone would be needed to keep the breakout scenario intact.

Trader TheSkayeth posted on social media, “Ether appears to be ‘setting up for a massive move,'” and added, “If the cup and handle pattern continues, I think we get to the golden zone next.”

Market participants are watching continued inflows to accumulation addresses, staking levels, exchange balances and daily price action around the $2,350–$2,400 area to assess potential progress to the technical targets of about $2,960 to $3,150.