Ethereum has attracted significant interest from large investors, with 14 new addresses purchasing 856,554 ETH, valued at $3.2 billion, since July 9. Notable transactions include 63,837 ETH acquired through FalconX and Galaxy Digital OTC services, and BitMine Immersion's $300 million ETH purchase in early August. Despite these substantial inflows, US-based spot ETH ETFs have seen net outflows of $153.3 million and $465.1 million in early August, with BlackRock's ETHA fund accounting for $375 million. CoinShares reported $223 million in outflows from crypto-related investment products, ending a 14-week inflow streak. Market sentiment remains neutral, fluctuating between 50 and 55, reflecting investor uncertainty amid ETF outflows.