Ethereum’s Bullish Horizon: Long-Term Holders Double Down Amid Market Dip
Despite recent market corrections, long-term Ethereum holders are showcasing remarkable resilience and confidence. On-chain data highlights a significant 22.5% increase in ETH holdings by accumulating addresses since March 2025, with their average cost basis now at $2,026—even as prices briefly fell below $1,900. This steadfast accumulation points to institutional-grade conviction among investors, signaling strong belief in Ethereum’s long-term potential. Below, we delve deeper into the data and what it means for Ethereum’s future trajectory.
Ethereum Holders Show Bullish Conviction Despite Market Correction
Long-term Ethereum holders are demonstrating unwavering confidence even as the cryptocurrency faces a prolonged downturn. On-chain data reveals that accumulating addresses have increased their ETH holdings by 22.5% since March, lowering their average cost basis to $2,026 despite prices dipping below $1,900.
The steadfast accumulation suggests institutional-grade conviction among these investors, who typically hold assets for over 155 days. Their refusal to sell at a loss contrasts sharply with typical retail investor behavior during market corrections.
Ethereum’s price action tells the story: after peaking at $4,107 in December 2024, the March 2025 dip to $1,866.70 tested holder resolve. Rather than capitulating, these investors treated the pullback as a buying opportunity, with holdings growing from 15.5356 million ETH to 19.0356 million by May.
Toronto Celebrates Ethereum’s 10th Anniversary with ETHWomen and ETHToronto During Canada Crypto Week 2025
Toronto will host a series of high-profile blockchain events from May 11 to 17, 2025, as part of Canada Crypto Week. The festivities center around Ethereum’s 10-year anniversary, with ETHWomen and ETHToronto taking the spotlight on May 13 at the Blockchain Futurist Conference in the historic Toronto Stock Exchange building.
ETHToronto returns for its fourth iteration, assembling developers, engineers, and Web3 pioneers for an intensive afternoon of technical discussions. The 2:00 PM to 6:00 PM program on the Upper Stage will focus on cutting-edge blockchain innovation, mirroring Ethereum’s evolution from smart contract pioneer to institutional-grade infrastructure.
Ethereum Upgrade 2025: Vitalik Proposes Simpler, Faster L1
Vitalik Buterin, Ethereum’s co-founder, has unveiled a sweeping proposal aimed at streamlining the blockchain’s foundational layer. The 2025 upgrade targets enhanced scalability and speed, addressing long-standing bottlenecks in Ethereum’s architecture.
The proposal signals a strategic shift toward optimizing Layer 1 performance, potentially reducing reliance on auxiliary scaling solutions. Buterin’s vision emphasizes simplicity—a deliberate pivot from Ethereum’s increasingly complex roadmap.
Vitalik Buterin Urges Stronger Proof Systems for Ethereum Rollups Beyond Stage 2 Milestones
Ethereum co-founder Vitalik Buterin has emphasized the need for rollups to prioritize robust, battle-tested proof systems rather than relying solely on achieving ’Stage 2’ scalability milestones. His comments come as Ethereum undergoes significant technological and leadership evolution in 2025, with Buterin actively advocating for resilience and decentralization across both Layer 1 and Layer 2 solutions.
The options market reflects growing optimism, with ETH potentially reaching $2,200 by June. Buterin’s warning underscores the importance of security fundamentals: ’Stage 2 is not the only thing that matters for security—the quality of the underlying proof system matters too.’ This stance reinforces Ethereum’s commitment to maintaining rigorous standards as its ecosystem expands.
ETH Accumulation Spikes as Holders Bet on Short-Term Price Gains
Ethereum’s ecosystem is witnessing a surge in investor confidence as on-chain data reveals a notable trend: long-term holders are intensifying their positions despite recent market fluctuations. CryptoQuant reports a 22% increase in ETH holdings by accumulating addresses over the past two months, signaling strong structural conviction among investors.
Since peaking at $4,107 on December 16, ETH has faced a prolonged correction, pushing long-term holders into unrealized loss territory. Yet, the resilience of these investors underscores a bullish outlook for the cryptocurrency’s near-term trajectory.
Curve Finance’s X Account Compromised, Promotes Fake Airdrop Scam
Curve Finance’s official X account was hijacked, broadcasting a fraudulent airdrop LINK disguised as a rewards program. The malicious post urged users to connect wallets, exposing them to potential asset theft.
Unlike typical social media hacks that simply promote meme coins, this attack directed victims to an interactive phishing page. Security analysts note the scam operates on Ethereum, allowing users to revoke permissions if exploited.
Founder Michael Egorov confirmed the ongoing breach, emphasizing no legitimate announcements would originate from the compromised channel. The incident underscores persistent security vulnerabilities in DeFi’s social media presence.
