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Analysis: Some On-chain Addresses Accumulate 391,000 ETH This Week, Worth Approximately $1.4 Billion

Summary: According to on-chain analyst Yu Jin, this week saw a surge in ETH price from $3,000 to $3,600 due to factors such as massive net inflows into ETFs and ETH reserve plans by US stock companies. It is reported that some on-chain addresses have accumulated as much as 391,000 ETH (worth $1.4 billion) through various ...

According to on-chain analyst Yu Jin, this week saw a surge in ETH price from $3,000 to $3,600 due to factors such as massive net inflows into ETFs and ETH reserve plans by US stock companies. It is reported that some on-chain addresses have accumulated as much as 391,000 ETH (worth $1.4 billion) through various channels this week.

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Link: Analysis: Some On-chain Addresses Accumulate 391,000 ETH This Week, Worth Approximately $1.4 Billion [Copy]

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