According to @EmberCN monitoring, in the past month since July 10th, over 1.035 million ETH (worth $4.167 billion) have been accumulated by multiple unknown whales/institutions through exchanges or institutional business platforms. During this month, ETH price rose from $2,600 to $4,000, an increase of 45%. Most of the ETH accumulated by these addresses likely belongs to institutions or U.S. stock companies doing ETH reserves (excluding SBET, whose address is known), with an average accumulated price of around $3,546.
Over the past month, over 1.035 million ETH have been hoarded by multiple unknown whale/institutions, worth approximately $4.167 billion.
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