Glassnode: ETH Whale Cohort Shows Divergence in Market Direction
BlockBeats News, September 3rd. During August, a directional divergence appeared among ETH's largest holders. Whales (holding ≥10,000 ETH) drove an upward trend, with a peak net inflow of over 2.2 million ETH on the 30th, but their accumulation behavior has currently paused. Meanwhile, Dolphins (holding 1,000 to 10,000 ETH), after weeks of selling off, have resumed accumulation, with a net addition of over 411,000 ETH in the past 30 days.
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