Data: The number of ETH holdings in Ethereum accumulation addresses exceeds 19 million, an increase of 65% compared to the beginning of the year

ChainCatcher news, CryptoQuant writer Burakkesmeci stated that as of October 18, 2024, the number of Ethereum accumulation addresses holding ETH has exceeded 19 million.

Burakkesmeci expects that by the end of this year, these addresses will hold more than 20 million ETH. At that time, the price of Ethereum is expected to be around $4000, with a total value exceeding $80 billion, comparable to the market capitalization of some of the largest companies in the world.