CoinVoice has recently learned that CryptoQuant writer Burakkesmeci wrote that as of October 18, 2024, the number of ETH held by Ethereum accumulation addresses exceeded 19 million.

Burakkesmeci expects that by the end of this year, these addresses will hold more than 20 million ETH. At that time, the price of Ethereum will be around $4,000, and the total value will exceed $80 billion, which will be comparable to the market value of some of the world's largest companies. [Original link]