According to CoinMeta, as whales increased their holdings of Ethereum, Blackstone's Ethereum holdings recorded a daily net inflow of $189.15 million on August 19, driving Ethereum's price up by 17.7%, with the current price at $2,275.94 per coin. Whale activity also increased significantly during this period, with multiple addresses withdrawing large amounts of Ethereum from Binance. Analysts Michael, van, de, and Poppe pointed out that recent Ethereum price trends indicate a strong market momentum and predicted that buying opportunities may arise during price corrections.