Analyst: ETH is expected to increase by 50-60% in the future
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 In the past three weeks, nearly 510,000 ETH has been withdrawn from identifiable cryptocurrency trading wallets.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.
You may also like
Bank of America predicts: the strong rally of the S&P 500 Index will fade in 2026
Data: If ETH falls below $2,978, the cumulative long liquidation intensity on major CEXs will reach $1.44 billions.
Stable and Theo will jointly invest over 100 million USD in ULTRA
SEC Chairman: The "Crypto Market Structure Bill" is About to Pass