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Glassnode: Recent data indicates that ETH has seen a influx of new buyers, while existing holders are also willing to accumulate at higher levels

By: theblockbeats.news|2025/08/09 08:11:29

BlockBeats News, August 9th, Glassnode posted on social media that in the past few days, ETH has seen a notable increase in first-time buyers and momentum buyers, indicating that the market has not only attracted new capital, but existing holders are also willing to increase their cost basis, leading to a significant surge in on-chain activity.

This week, the net inflow of $2.532 billion was recorded in the United States Bitcoin spot ETH.

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