๐๐ป ๐ฎ๐ฐ ๐๐ผ๐๐ฟ๐: ๐ณ ๐๐ป๐๐๐ถ๐๐๐๐ถ๐ผ๐ป๐ & ๐ช๐ต๐ฎ๐น๐ฒ๐ ๐๐ผ๐๐ด๐ต๐ $๐ฏ๐ฑ๐ด๐ ๐ถ๐ป ๐๐ง๐! ๐ณ๐ฐ
According to Lookonchain, the market just saw a major ETH accumulation wave!
In the last 24 hours alone, 7 large institutions and whales scooped up nearly 128,000 ETH, worth around $358 million.
โฌ Biggest moves:
โ New wallet 0x35fb withdrew 54,125 ETH ($151M) from Kraken
โ Abraxas Capital withdrew 40,986 ETH ($114M) from Binance & Kraken
โ SharpLink Gaming bought 5,072 ETH ($13.5M) via OTC
โ GMX hacker swapped assets for 11,700 ETH ($32M)
โ Whale 0x8C08 bought 9,188 ETH ($25M) at ~$2,721
โ Whale 0x3c9E withdrew 4,000 ETH ($11.2M) from Kraken โ deposited into Aave & Compound
โ pfm.eth bought 2,900 ETH ($8M) at ~$2,759
โฌ Why it matters:
๐น Shows renewed whale & institutional confidence in ETH
๐น Signals potential demand pressure that could support price
๐น Highlights active on-chain movements despite market volatility
๐ Total purchased: โ 127,971 ETH โ โ $358 million in just one day!