- CryptoQuant reported that the increase in demand for Ethereum suggests the possibility of surpassing $5000.
- It stated that this is due to the new all-time high in Ethereum Spot ETF holdings.
- Currently, Ethereum is trading at around $3900 in the Binance Tether market.
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- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Demand for Ethereum (ETH) is increasing, suggesting the possibility of surpassing $5000.
On the 14th, CryptoQuant reported in its weekly cryptocurrency report that "investor demand for Ethereum is rising again. This can be seen from the new all-time high in Ethereum Spot ETF holdings," predicting that "if the current demand continues, the price of Ethereum could exceed $5000."
Meanwhile, Ethereum is trading at around $3900, up 0.8% from the previous day, based on the Binance Tether (USDT) market.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀PiCK News
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