According to Lookonchain monitoring, a suspected whale/institution purchased 108,278 ETH through over-the-counter (OTC) trading, valued at approximately $283 million.

In the past 12 hours, Galaxy Digital's OTC wallet withdrew 89,000 ETH (approximately $233.5 million) from exchanges, and then transferred 108,278 ETH (approximately $283 million) to whale/institution wallet 0x0b26. Currently, wallet 0x0b26 holds 139,476 ETH (approximately $365 million).

This indicates a significant inflow of institutional funds into Ethereum, and large transactions conducted through OTC trading can avoid direct impacts on market prices. Galaxy Digital, as a well-known cryptocurrency financial services company, typically represents strategic deployments at the institutional level with its OTC trading activities. The whale wallet 0x0b26 currently holds a large amount of ETH, and its subsequent movements are worth continuous attention.