Investors Accumulate Ethereum at Crucial Price Zone – What’s Next?

Ethereum may have found a firm price floor, with blockchain data suggesting that $1,886 is a key accumulation zone.

Analysts at Glassnode highlight that a growing number of investors have acquired ETH at this level, which could signal strong support and a potential turning point for the asset.

One of the indicators Glassnode examines is the cost basis distribution (CBD), a heatmap that reveals where investors break even. Recently, the amount of ETH held at $1,886 has increased significantly, rising from 1.6 million to 1.9 million. This pattern suggests that buyers are stepping in at this price, reinforcing its role as a foundation for future movements.

Another metric pointing to a potential reversal is Glassnode’s “Capitulation Metric,” which combines CBD data with realized losses. Historically, when this metric spikes, ETH has often rallied shortly after, hinting at a possible rebound.

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Investors Shift Focus from Memecoins to Fundamental Altcoins

In addition to Ethereum’s on-chain trends, the broader crypto market has seen an influx of liquidity, particularly in stablecoins. Since the start of 2025, the total supply of stablecoins has grown by over $20 billion, marking a 10.9% increase and pushing the overall supply past $205 billion.

This is a notable shift from late 2024 when stablecoin issuance briefly declined. The renewed expansion in stablecoin supply suggests more capital could be flowing into digital assets, potentially supporting further price appreciation.

Alexander Stefanov