Some analysts believe that the price of Ethereum could reach $1,200, while others are more optimistic and forecast a price increase. On-chain data suggest strong accumulation of Ethereum, with ETH balances on centralized exchanges at a 9-year low. Long-term holders do not seem inclined to sell, with 14.4% of the coins held by investors who have owned them for 7-10 years.#EthereumFuture
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