Ethereum Accumulator Addresses Inflows Explode: 400K ETH Added In 24H Despite Selloff

Ethereum is under pressure after sliding below the $4,200 level, with price now testing the $4,000 support ￰0￱ market is watching closely, as a breakdown here could expose ETH to deeper corrections, while a strong defense may open the door for a ￰1￱ the selling pressure, on-chain signals reveal a strikingly different picture beneath the ￰2￱ Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market Top analyst Darkfost shared data showing that ETH inflows into accumulator addresses are exploding, signaling long-term conviction even as short-term sentiment ￰3￱ yesterday, nearly 400,000 ETH were added to these specialized ￰4￱ notably, on September 18th, Ethereum saw a historic first when 1.2 million ETH were accumulated in a single day — a record for the ￰5￱ addresses are unique in that they only buy ETH and never sell, making them a reliable proxy for long-term holder ￰6￱ massive inflows highlight that large players are strategically building positions, likely tied to institutional adoption and the growing demand for ETH ETFs.

Long-Term Conviction Amid Pressure According to Darkfost, Ethereum’s inflows into accumulator addresses mark one of the most important trends developing beneath the surface of current market ￰7￱ explains that accumulator addresses are wallets that have made at least two ETH transactions without ever selling a single ￰8￱ behavior makes them reliable indicators of long-term holder conviction, since accumulation, not short-term speculation, drives ￰9￱ adds that some of these addresses could be linked to institutional entities offering ETH ETFs, which have seen surging demand ￰10￱ scale of these inflows — with nearly 400K ETH added yesterday and a record 1.2M ETH accumulated on September 18th — points to serious players positioning for the long haul.

Still, this comes at a time when Ethereum is facing a critical technical test, hovering around the $4,000 support after losing more than 14% since ￰11￱ accumulation shows strong confidence in ETH’s long-term trajectory, the short-term risks remain ￰12￱ pressure, broader market corrections, and macro uncertainty could test investor patience. Ultimately, Darkfost emphasizes that the coming weeks will be decisive: either ETH bulls hold the line and confirm this accumulation as the foundation for a rebound, or pressure deepens into a more prolonged ￰13￱ Reading: ASTER Pushes To New All-Time High As Bullish Structure Supports Continuation – Details Ethereum Price Analysis: Testing $4,000 Support Ethereum’s chart reveals a decisive breakdown after losing the $4,200 level, with price now testing the $4,000 support ￰14￱ marks a sharp 3.2% decline in the last session, continuing the corrective structure that has been developing since early ￰15￱ price breached the 12H 50 moving average (blue) and the 100 moving average (green), showing weakening bullish ￰16￱ is now hovering just above the 12H 200 moving average (red), which sits near $3,800.

This zone represents a crucial line of defense for bulls, as a confirmed breakdown could accelerate selling pressure and open the path toward deeper ￰17￱ also reflects increasing market fear, as sellers remain in control and meet each bounce attempt with lower highs. Still, holding above $4,000 keeps Ethereum within a potential consolidation range, offering bulls a chance to stabilize before the next ￰18￱ Reading: Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play If buyers defend this area successfully, ETH could rebound to retest the $4,200–$4,400 resistance range. However, a daily close below $3,950 would likely confirm further downside pressure, exposing $3,800 and possibly $3,600 as the next ￰19￱ image from Dall-E, chart from TradingView