{"id":585227,"date":"2026-04-17T20:53:08","date_gmt":"2026-04-17T20:53:08","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/17\/ether-accumulation-wallet-balances-increased-by-33-is-a-rally-to-3k-next\/"},"modified":"2026-04-17T20:53:08","modified_gmt":"2026-04-17T20:53:08","slug":"ether-accumulation-wallet-balances-increased-by-33-is-a-rally-to-3k-next","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/17\/ether-accumulation-wallet-balances-increased-by-33-is-a-rally-to-3k-next\/","title":{"rendered":"Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDliZjAtZmFjNC03NzA0LTkyOWUtNDkzNDExZmI4OWNjLmpwZw==.jpg\" alt=\"Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?\" class=\"type:primaryImage\" \/><\/p>\n<p>A confirmed cup-and-handle breakout on Ether\u2019s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin.<\/p>\n<p>Ether\u2019s (<a title=\"https:\/\/cointelegraph.com\/price-indexes\/ethereum\" href=\"https:\/\/cointelegraph.com\/price-indexes\/ethereum\">ETH<\/a>) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH\u2019s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play?<\/p>\n<p>Ether\u2019s recent rally was preceded by an 89% surge in daily active addresses (DAA), which jumped to 730,278 from 384,763 on April 5.<\/p>\n<p>The increase in Ethereum\u2019s active addresses indicates increased user interaction with the network, which is generally a positive.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/ether-accumulation-wallet-balances-increased-by-33percent-is-a-rally-to-dollar3k-next\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A confirmed cup-and-handle breakout on Ether\u2019s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin. Ether\u2019s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH\u2019s price move simply a momentum trade, or do longer-term data points [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":585228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-585227","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/585227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=585227"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/585227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/585228"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=585227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=585227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=585227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}