Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow reports that on October 20, Burakkesmeci, contributor at CryptoQuant, stated that as of October 18, 2024, accumulation addresses held over 19 million ETH. Burakkesmeci expects these addresses to hold more than 20 million ETH by the end of this year. At that time, with Ethereum priced around $4,000, the total value would exceed $80 billion, rivaling the market capitalizations of some of the world's largest companies.
On October 20, Burakkesmeci, a contributor at CryptoQuant, tweeted that as of October 18, 2024, accumulation addresses held over 19 million ETH. Burakkesmeci expects these addresses to hold more than 20 million ETH by the end of this year. At an Ethereum price of approximately $4,000, the total value would exceed $80 billion, rivaling the market capitalizations of some of the world's largest companies.
Navigating Web3 tides with focused insights
