Overview

• Daily inflows into spot Ethereum ETFs topped $460 million on August 9, marking one of the largest single-day institutional capital injections.
• Aggregate ETH balances on exchanges have dropped to multi-year lows, reflecting sustained long-term accumulation despite rising deposits into Binance.
• Blockchain co-founder Jeffrey Wilcke transferred about 9,840 ETH to Kraken, a move analysts link to potential profit-taking by early holders.
• Technical analysts are monitoring for a breakout above $4,400, with short-term targets near $4,800 and fractal patterns suggesting a possible extension toward $20,000.
• Vitalik Buterin’s publicly known Ethereum holdings have surpassed $1 billion again, restoring his on-chain billionaire status.