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Glassnode: Whales holding over 10,000 ETH temporarily halt accumulation
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According to Jinse Finance, data from Glassnode shows that the largest holders of Ethereum (ETH) exhibited distinctly different behavior patterns in August. "Whales" holding more than 10,000 ETH previously drove the market rally, with a 30-day net inflow peaking at 2.2 million ETH, but have now paused their accumulation. Meanwhile, "large whales" holding between 1,000 and 10,000 ETH have resumed accumulating after several weeks of selling, with a 30-day net inflow reaching 411,000 ETH.
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