Glassnode: Whales holding over 10,000 ETH have paused their accumulation

ChainCatcher news, according to Glassnode data, the largest holders of Ethereum (ETH) exhibited distinctly different behavior patterns in August.

The "whales" holding over 10,000 ETH, who previously drove the market rally, saw a peak net inflow of 2.2 million ETH over 30 days, but have now paused their accumulation. Meanwhile, the "large whales" holding between 1,000 and 10,000 ETH have resumed accumulation after several weeks of selling, with a net inflow of 411,000 ETH over 30 days.