Ethereum Pullbacks Spark Accumulation Activity – Here’s Why

Over the past two weeks, the Ethereum price has trended downward, sparking fears of another prolonged correction. However, data from a recent on-chain analysis indicate that the long-term bullish case for Ethereum remains quite strong. Related Reading: Solana Vs Ethereum: What’s Holding Growth Back? 3 Reasons SOL Is Still Lagging Staked Ethereum Metric Indicates Long-Term Investor Confidence In a recent QuickTake post on CryptoQuant, crypto analyst PelinayPA highlights a confluence of on-chain s