According to PANews, significant on-chain activity was observed as a whale/institutional address accumulated 68,000 ETH and Ethereum Foundation-associated addresses offloaded nearly 2,800 ETH in a short span, underscoring dynamic market transfers.
PANews reported on August 13 that on-chain data revealed Ethereum Foundation-associated addresses sold 2,794.87 ETH over two hours, with 1,100 ETH sold in the last five minutes. Previously, chain analyst Ai Yi noted a whale/institutional address that accumulated 68,000 ETH since June 22 at an average price of $2,597, yielding about $115 million in floating gains and a recent withdrawal of 8,745 ETH from Binance. These events highlight diverse large-scale ETH movements in the ecosystem.