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Recent data shows that large investors holding between 1,000 and 10,000 Ether have demonstrated a strong buying intent over the past week, accumulating an average of over 800,000 ETH daily. These investors currently hold a total of approximately 14.3 million Ether, accounting for 12% of the total circulating supply, indicating a clear trend of asset accumulation.
It is worth noting that the last time Ethereum whales exhibited such a significant positive buying behavior was during the early bull market after 2017, when Ethereum's price increased by about 10 times in the following months. The current asset accumulation pattern bears similarities to the behavioral patterns observed before historically significant upward cycles, which may provide a noteworthy signal for the future direction of the market.
This phenomenon of large-scale and sustained asset accumulation has sparked discussions among market participants regarding the medium to long-term price performance of Ethereum, especially in the current market environment, where changes in such data indicators are often viewed as important market sentiment indicators.