Analyst: Multiple ETH on-chain data set records, which may indicate that ETH will usher in a rising market

07/03 07:41

analyst Carmelo Alemán cited CryptoQuant data, indicating that as of June 30, the amount held in strictly selected hoarding addresses (excluding exchange addresses and with historical outflows approaching zero) exceeded 22.7465 million ETH, a sharp increase of 35.97% from the beginning of the month's 16.7281 million ETH. These addresses had a net purchase of 6.0184 million ETH in the month, setting a record for monthly holdings. As of July 1, their average cost was $2114.70, with a current price of $2565 resulting in a realized floating profit of 21.29%.
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