**Ethereum Buyer Behavior Shifts: Signs of a Trend Reversal?**



Recent on-chain data suggests a potential shift in Ethereum (ETH) buyer behavior, signaling renewed interest from new market participants.

### **Key Insights:**
- Since early July, **supply held by first-time ETH buyers has increased by ~16%**, indicating fresh inflows into the market.
- This trend suggests **growing retail interest**, often a precursor to stronger accumulation phases.
- Historically, spikes in first-time buyer activity have coincided with **early stages of bullish momentum**.

### **Why This Matters:**
- **New buyers** often bring sustained demand, reducing sell pressure from long-term holders.
- If this trend continues, it could signal **a broader market recovery** for ETH.
- Watch for follow-up metrics like exchange outflows and active addresses to confirm accumulation.

### **What’s Next?**
While this is an early signal, it aligns with improving sentiment around Ethereum, including ETF anticipation and network upgrades. Traders should monitor:
- **ETH’s price reaction** above key resistance levels ($3,500–$3,700).
- **On-chain activity** (e.g., whale accumulation, staking trends).

Is this the start of a new ETH accumulation phase? Share your thoughts!

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#Ethereum # ETH #Crypto # OnChain #MarketTrends # GateIO
ETH2.56%
EARLY-6.55%
WHY15.32%
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