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🔥🔥🔥Whales and institutions have hoarded over 1.035 million ETH within a month!
On-chain data shows that from July 10 to now, in the past month, over 1.035 million ETH (worth approximately $4.167 billion) have been concentrated and hoarded by multiple unknown Whales and institutions through exchanges and institutional platforms.
During the same period, the price of ETH surged strongly, jumping from $2600 to over $4000, with a cumulative increase of 45%. It is noteworthy that the average cost of this batch of accumulated ETH is about $3546, most of which may come from institutions and U.S. companies laying out ETH reserves.
This large-scale accumulation behavior highlights institutions' optimism about the value of ETH, and also lays down variables for future market trends, making the subsequent movements worth closely monitoring 🔥
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#Gate & WLFI USD1 积分计划 #特朗普允许401(k)投资加密货币#