Ethereum Investors Bet on Long Term Growth as Staked Supply Surges

Title: Long-Term Accumulation Hits Record High: Could Ethereum Experience Further Stability?
Summary: With an impressive number of 19 million ETH held in long-term accumulation addresses, many are predicting Ethereum prices could stabilize. Over 29% of the entire Ethereum supply is currently staked, creating lower market liquidity which may positively affect future price movements. The continued surge in accumulation comes after a steady rise since the beginning of the year, where only around 11.5 million ETH were stored away compared to today’s near doubles. As demand for spot ethereum exchange traded funds grows alongside greater awareness due to recent approvals and successful integration, many analysts are predicting a rise above current totals before New Year rolls around! Stay tuned to see how these factors unfold throughout the remainder of the financial quarter; don’t miss any developments as they occur!

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