Last week, the number of addresses owning at least 100,000 ETH increased from 54 to 57, reported Santiment. Analysts emphasize that the dynamics of this indicator in the past often coincided with price movements, which may indicate the accumulation of coins by major participants and the continued potential for further price increases.

At the same time, there was a sharp rise in onchain transactions: according to Artemis, the daily number of transactions on the Ethereum network soared by about 242% within three days, reaching around 3.6 million. For comparison: the Bitcoin blockchain had a payoff of around 150%, and SUI had a payoff of over 4,000%.

An additional positive was the net inflow into spot Ethereum ETFs on April 13 worth $9.5 million, while bitcoin funds lost about $291 million that same day.

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