Ethereum wallets piling up
Accumulation wallets on Ethereum jumped about 30%, fueling talk that on‑chain demand might precede a price move — DeFi activity is concentrating on Ethereum as TradFi shows signs of migrating on‑chain x.comx.com. Lending protocols are in the spotlight too: Aave has teased an Aave V4 launch that could be a game‑changer for on‑chain lending mechanics and liquidity flows x.com.
Cointelegraph cites CryptoQuant data showing accumulation addresses now hold about 26.55 million ETH, an increase of roughly 6.5 million since Jan. 1. cointelegraph.com The supply locked in staking reached a record 37.85 million ETH, which Cointelegraph notes is more than 30% of total supply. cointelegraph.com Available tradable Ether on exchanges has dropped to roughly 3.46 million ETH, a multi‑year low that analysts link to tighter on‑exchange liquidity. cointelegraph.com On‑chain usage metrics accelerated alongside accumulation: daily active addresses hit about 1.1 million in February, while CryptoQuant data showed average daily inflows to accumulation wallets around 200,000 ETH with a November 2025 spike of 1.14 million. cointelegraph.com Concrete TradFi moves onto chains include JPMorgan’s JPM Coin handling roughly $1 billion in transactions per day, a milestone reported by Bloomberg and covered by The Block. theblock.co BlackRock’s tokenized money‑market offering (BUIDL) has become a major institutional tokenized treasury product, with CoinDesk reporting its rapid market share gains in the tokenized Treasuries space. coindesk.com Aave’s V4 push is now formal: Aave Labs filed a governance proposal on March 13, 2026 to deploy V4 on Ethereum Mainnet with Liquidity Hubs and Spokes and a move to ERC‑4626 share accounting, per the proposal and Blockworks’ roadmap coverage. blockworks.com The V4 proposal has prompted governance tensions—several contributors signaled non‑renewals of DAO contracts and the AAVE token dipped from near $120 to about $110 after the proposal went live, according to coverage of the forum debate. cryptopolitan.com
