Long-term holders' addresses increased their holdings by 298,000 ETH yesterday, setting the second highest single-day record in history

According to media reports, Julio Moreno, the research director of CryptoQuant, stated that Ethereum demand surged yesterday. The single-day purchase volume from long-term holder addresses hit the second-highest record in history, reaching 298,000 ETH worth approximately $1.34 billion. This single-day purchase volume is only 6% lower than the record set on September 11th, 2023 when long-term holders bought 317,000 ETH as its price fell below $1600.