[Four key forces sold 197,800 ETH in the past month, about 599 million US dollars] According to Spot On Chain statistics on August 28, ETH has fallen sharply twice in the past month (a cumulative decline of 23.5%). The following are four key forces that may have led to the recent sell-off: 1. Ethereum Foundation: sold 35,400 ETH (about 95 million US dollars), and still holds 275,000 ETH (about 677 million US dollars). 2. Jump Trading: sold 88,900 ETH (about 276 million US dollars), and still holds 53,600 ETH (about 132 million US dollars). 3. IC0-related whale "0xe17": sold 48,500 ETH (about 154 million US dollars), and still holds 303,000 ETH (about 751 million US dollars). 4. Long-term holding whale "0x682": sold 25,000 ETH (about US$73.9 million), and still holds 41,600 ETH (about US$103 million).

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