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TechFlow, September 3 — According to Glassnode data, Ethereum (ETH) holders displayed sharply contrasting behavior patterns in August. "Whales" holding more than 10,000 ETH, who previously drove market gains with a peak 30-day net inflow of 2.2 million ETH, have now paused their accumulation. Meanwhile, "large whales" holding between 1,000 and 10,000 ETH, after weeks of selling, have resumed accumulation, recording a 30-day net inflow of 411,000 ETH.
According to Glassnode data, Ethereum (ETH) holders at different scales exhibited divergent behavior patterns in August. "Mega whales" holding more than 10,000 ETH, who previously drove market gains with a peak 30-day net inflow of 2.2 million ETH, have now paused accumulation. Meanwhile, "large whales" holding between 1,000 and 10,000 ETH, after weeks of selling, have resumed accumulation with a 30-day net inflow reaching 411,000 ETH.
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