TL;DR: Over $500 million worth of ETH was moved through large sales and withdrawals by whales, hackers, and the Ethereum Foundation wallets. Ethereum transfers have increased to 4.6 million ETH, nearing the monthly high of 5.2 million recorded in July. Staking inflows have also hit a monthly high of 247,900 ETH, locking more supply from trading. Additionally, several entities have been disposing of their ETH holdings, while network activity and staking deposits have been on the rise. ETH is currently trading at $4,647 with a 24-hour volume of $68.25 billion.
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