Analyst: ETH is expected to increase by 50-60% in the future

Bitget2024/02/05 07:33

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On-chain indicators suggest that ETH may have strong potential for future growth. In the past three weeks, nearly 510,000 ETH has been withdrawn from identifiable cryptocurrency trading wallets. The total value of this massive outflow is estimated to be around $1.22 billion. Analysts say that with the upcoming Ethereum Dencun upgrade, it is expected that ETH will rise by 50-60% in the future.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Analyst: ETH is expected to increase by 50-60% in the future

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