**Ethereum Accumulation Wallets Surge 65% Since 2024 Start**
is gaining significant traction beyond tech enthusiasts. A crypto analyst has noted a 65% jump in ETH held in accumulation wallets since January 2024, now totaling over 19 million ETH by October 18. Valued at over $50 billion, this shift highlights growing confidence in Ethereum's long-term potential.
CryptoQuant contributor Burakkesmeci projects these accumulation wallets may surpass 20 million ETH by the end of 2024, driven by institutional interest and the launch of spot Ether ETFs.
"#Ethereum is no longer just for tech enthusiasts—it's a key part of the financial future," Burakkesmeci stated.
