Glassnode: Whales holding over 10,000 ETH temporarily halt accumulation
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
225.32 BTC transferred out from Jump Crypto, worth approximately $20.59 million
National Bank of Canada discloses purchase of approximately $273 million worth of Strategy shares
ETH mainnet gas price hits a new low, currently around $0.0017
Paraguayan Congress Approves Comprehensive Tracking Bill for Bitcoin Miners
