According to TechFlow, on September 18, the on-chain analysis company CryptoQuant released data on the X platform showing that market uncertainty has led to divergent strategies among ETH holders of different sizes.

Large addresses holding more than 100,000 ETH remained stable with no significant changes; medium-sized addresses holding 10,000 to 100,000 ETH were slowly increasing their holdings, while small addresses holding 100 to 1,000 ETH showed a steady selling trend.