๐—œ๐—ป ๐Ÿฎ๐Ÿฐ ๐—›๐—ผ๐˜‚๐—ฟ๐˜€: ๐Ÿณ ๐—œ๐—ป๐˜€๐˜๐—ถ๐˜๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ & ๐—ช๐—ต๐—ฎ๐—น๐—ฒ๐˜€ ๐—•๐—ผ๐˜‚๐—ด๐—ต๐˜ $๐Ÿฏ๐Ÿฑ๐Ÿด๐—  ๐—ถ๐—ป ๐—˜๐—ง๐—›! ๐Ÿณ๐Ÿ’ฐ

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:

โœ… New wallet 0x35fb withdrew 54,125 ETH ($151M) from Kraken

โœ… Abraxas Capital withdrew 40,986 ETH ($114M) from Binance & Kraken

โœ… SharpLink Gaming bought 5,072 ETH ($13.5M) via OTC

โœ… GMX hacker swapped assets for 11,700 ETH ($32M)

โœ… Whale 0x8C08 bought 9,188 ETH ($25M) at ~$2,721

โœ… Whale 0x3c9E withdrew 4,000 ETH ($11.2M) from Kraken โ†’ deposited into Aave & Compound

โœ… pfm.eth bought 2,900 ETH ($8M) at ~$2,759

โฌ› Why it matters:

๐Ÿ”น Shows renewed whale & institutional confidence in ETH

๐Ÿ”น Signals potential demand pressure that could support price

๐Ÿ”น Highlights active on-chain movements despite market volatility

๐Ÿ“Š Total purchased: โ‰ˆ 127,971 ETH โ†’ โ‰ˆ $358 million in just one day!

#ETH

$ETH