币界网报道：Ethereum whales have been actively moving large amounts of ETH, with significant transactions spotted on-chain. Data reveals multiple transfers involving over 10,000 ETH each, totaling hundreds of millions in value, as major holders reposition their assets ahead of key market developments. Analysts suggest these movements could signal strategic accumulation or preparation for upcoming network upgrades, including potential impacts from Ethereum’s transition to proof-of-stake. Meanwhile, ETH’s price remains volatile, reacting to both whale activity and broader crypto market trends. The transactions highlight continued institutional and high-net-worth investor interest in Ethereum despite recent market fluctuations.