New investors increase Ethereum holdings by 16%

Source
Son Min

Summary

  • Glassnode announced that the holdings of addresses that purchased Ethereum for the first time increased by 16% compared to early July.
  • It was reported that this signals new market participants are concentrating their interest on Ethereum.
  • Ethereum is trading at $3,817 on the Binance USDT market, up 2.35% from 24 hours ago.

The amount of Ethereum (ETH) held by addresses that purchased for the first time has increased by 16% compared to early July.

On the 21st (local time), Glassnode announced via X (formerly Twitter), "The amount of ETH held by addresses that purchased Ethereum for the first time has increased by about 16% compared to early July," adding, "This signals that new market participants are focusing their attention on Ethereum."

As of 9:27 PM, Ethereum is trading at $3,817 on the Binance USDT market, up 2.35% from 24 hours ago.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?