The number of Ethereum addresses holding at least 10,000 ether has risen to 868,886, according to on-chain analytics firm Glassnode. The figure, recorded on 11 Aug. 2025, marks the highest level in about a year. The expansion in so-called whale wallets points to renewed accumulation by large investors in the world’s second-largest cryptocurrency. Market participants monitor the metric as a potential indicator of institutional and high-net-worth interest.