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Analysis: This week, some on-chain addresses have accumulated 391,000 ETH, worth approximately $1.4 billion.
PANews, July 20 news, according to on-chain analyst Yu Jin's monitoring, this week, driven by the ETF's massive net inflow and the "buying frenzy" of U.S. companies' ETH reserve plans, the ETH price rose from 3,000 USD to 3,600 USD. Only a portion of the on-chain addresses that individuals have followed have accumulated as much as 391,000 ETH (1.4 billion USD) through various channels this week.