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In the past month, more than 1.1 million ETH pieces were hoarded by multiple giant whale institutions, approximately US$4.78 billion

According to online reports, according to monitoring by Chain analyst Ash, since July 10, more than 1.1 million ETH (approximately US$4.78 billion) have been hoarded by multiple unknown giant whales/institutions through trading platforms or institutional business platforms and other channels. The average price of these hoarded ETH is approximately US$3,584. ETH prices rose from $2,600 to $4,300 during this period, a 65% increase.

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