BroadChain has learned from CryptoQuant’s research director, Julio Moreno, that on June 13th, there was a significant surge in demand for Ethereum. The daily purchase volume from permanent holders reached the second-highest historical record, with a total of 298,000 Ethereum tokens, valued at approximately $1.34 billion.
This daily purchase volume was only 6% lower than the record set on September 11, 2023, when permanent holders bought 317,000 Ethereum tokens as the price dropped below $1,600.