PANews reported on July 3 that according to CryptoQuant analyst Carmelo Alemán, the holdings of ETH cumulative addresses that meet strict standards (not belonging to centralized exchanges and with almost no ETH outflow in history) hit a record high, increasing from 16.7281 million ETH on June 1 to 22.7465 million ETH on June 30, an increase of 35.97%. The monthly cumulative amount also set a record, with a total increase of 6.0184 million ETH in June.

In addition, the average purchase cost (Realized Price) of these addresses was US$2,114.70 as of July 1, while the current price of ETH is US$2,565, and the holders are currently making a profit of 21.29%.

Liquid pledge volume also hit a new high, reaching 35,564,353 ETH, with Lido and Binance benefiting significantly. Although the price has not risen significantly, institutional investors continue to accumulate and pledge, which may accumulate momentum for subsequent increases.