Ethereum Holdings in Accumulation Addresses Exceed 19 Million and May Surpass 80 Million

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Ethereum Holdings in Accumulation Addresses Exceed 19 Million and May Surpass 80 Million In a notable development within the Ethereum ecosystem, Ethereum (ETH) holdings in accumulation addresses have surpassed 19 million ETH, according to a recent report by analyst Burak Kesmeci on CryptoQuant.

This marks a significant increase from 11.

Kesmeci anticipates that by the end of the year, Ethereum holdings in accumulation addresses could exceed 20 million ETH, potentially valuing these holdings at over $80 billion if ETH maintains a price around $4,000.

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Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 04:09:57 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1093 words

Reading Time: 7 minutes read

Sentences: 54 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23147171

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