The number of Ethereum [ETH] transactions worth over $100,000 has hit a new low in 2023, according to an update from Santiment. Whenever something of this magnitude occurs, it means that the cohort involved is not excited about the short-term prospect of the cryptocurrency in question. On the contrary, Santiment, in its 18 September tweet, opined that it is a different case as far as ETH is concerned. According to the on-chain analytics platform, the lack of large transactions does not necessarily imply disinterest. Instead, it suggests that whales are probably patient and on the lookout for a better accumulation entry.