A notable shift in Ethereum’s market dynamics has been identified by blockchain analytics firm CryptoQuant, which reported robust accumulation by long-term investors during June’s market consolidation. This trend suggests a deepening conviction in the asset’s future trajectory despite broader market stability.
Accumulation Trends
CryptoQuant’s analysis highlighted this sustained demand, noting “significant buying pressure from long-term holders” and a “notable divergence” in accumulation volume. This pattern often signals underlying strength, as sophisticated investors leverage periods of price stability to increase their holdings, potentially anticipating future growth. An analyst known as Bobby, commenting on CryptoQuant’s findings on Twitter, observed that “Ethereum holders appear to be gaining more conviction.” This increased belief, Bobby suggested, could be attributed to recent advancements such as the Pectra upgrade and other positive developments within the network, reinforcing the long-term investment thesis.
Broader Market Sentiment and Staking Milestones
This long-term accumulation contrasts with broader retail investor sentiment. Separately, analytics firm Santiment observed a fading optimism among retail participants concerning both Bitcoin and Ethereum, particularly during the cryptocurrency market’s extended sideways movement. This divergence highlights a potential gap between institutional conviction and short-term retail expectations. Further solidifying long-term commitment, June 2025 witnessed Ethereum staking reach an all-time high, exceeding 35 million ETH. This substantial increase in staked assets not only enhances the network’s security and decentralization but also removes a significant portion of ETH from immediate circulating supply, reflecting investors’ willingness to lock up capital for network participation and yield. At the time of this analysis, Ethereum was trading near the $2,460 mark, providing a snapshot of the asset’s price during this period of significant accumulation and network development.
Maxwell Reed is the first editor of Cryptovista360. He loves technology and finance, which led him to crypto. With a background in computer science and journalism, he simplifies digital currency complexities with storytelling and humor. Maxwell began following crypto early, staying updated with blockchain trends. He enjoys coffee, exploring tech, and discussing finance’s future. His motto: “Stay curious and keep learning.” Enjoy the journey with us!