Whales Buy $260,000 ETH as Ethereum Approaches New All-Time High

Ethereum experienced strong accumulation during August 2025, fueled by large whale wallets increasing their holdings amidst volatile price swings. Trading ranged from $3,350 to $4,955, concluding at nearly $4,409, demonstrating resilience after reaching peaks in mid-month. According to glassnode data, significant accumulation occurred within the last 24 hours, with 260,000 ETH added, supporting bullish sentiment despite recent price corrections.