The inflow of Ethereum to exchanges saw a significant increase in mid-August, with daily inflows repeatedly exceeding 2 million coins, peaking at even 2.6 million coins. Compared to the end of July, when the daily inflow was less than 1.5 million coins, the current amount is noticeably higher.

Moreover, this data aligns with another situation—more people suddenly began queuing to withdraw their staked Ethereum in mid-August.

Looking at these two events together indicates that a large number of key players holding Ethereum are starting to sell their assets. $ETH