Ethereum Price Recovery Bolstered by $1.28 Billion Accumulation This Week

Ethereum has made a slow but steady attempt at recovering from the significant 33% price loss observed toward the end of February. The recent recovery is being largely driven by investor confidence, with many accumulating ETH at current low levels. These investors are anticipating an eventual price uptick, hoping to capitalize on Ethereum’s potential growth. Ethereum Finds Investor Support Ethereum’s supply on exchanges has decreased by 635,000 ETH in the last six days, representing a value of over $1 source: https://beincrypto.com/ethereum-price-recovery-bolstered-by-accumulation/