Analysis: Ethereum’s accumulated addresses hold more than 19 million ETH, up 65% from the beginning of the year

crypto analyst Burakkesmeci stated that as of October 18th, the total amount of ETH held in accumulated addresses has exceeded 19 million. By January 2024, these addresses will only hold 11.5 million ETH, an increase of 65%. It is expected that by the end of this year, these addresses will hold over 20 million ETH. Based on Ethereum's price of around $4,000, the total value will exceed $80 billion, making these accumulation addresses as valuable as some of the world's largest companies.