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Whale/institution address group has accumulated over 1.035 million ETH in one month.
According to on-chain data monitoring, over 1.035 million ETH (worth approximately $4.167 billion) have been concentrated and hoarded by multiple unknown whales or institutions through exchanges and institutional platforms in the month since July 10.
At the same time, the price of ETH rose from $2600 to over $4000, with a cumulative increase of 45%. It is worth noting that the average cost of these accumulated ETH is about $3546, most of which likely comes from institutions and US companies that are laying out ETH reserves.
Considering the current market trends, such large-scale accumulation behavior reflects institutions' recognition of ETH's value and may also lay the groundwork for subsequent price movements. The future market trends are worth ongoing attention 🔥🔥🔥
🌹🌹🌹Give a little follow to exchange and discuss wealth opportunities🍻🍻🍻🍻🍻🍻
#特朗普允许401(k)投资加密货币##Gate跟单训练营晒单赢$2,000