Recently, we’ve seen a noticeable surge in $ETH accumulation by whales and institutions. These aren’t small retail buys we’re talking massive, strategic purchases often made through OTC platforms like #FalconX, which are favored by major financial players looking to avoid slippage and market noise.

One standout example is the wallet:

🔗 0x8eEafEF1a3c7C158aA0b3b75bDEa965bFBa3Eb7d

📌 In just the past 24 hours, this address accumulated 47,121 ETH, worth around $169 million, through FalconX, at an average price of $3,545 per ETH.

This is not your average retail wallet. Based on behavior and volume, it’s likely linked to a large institution or fund preparing for a long-term play on @ethereum . The fact that they're using @FalconXGlobal suggests a deliberate strategy quietly accumulating without spiking the market, a classic move for large-scale accumulation.

With Ethereum becoming a foundational layer for DeFi, Layer 2 ecosystems, and broader blockchain infrastructure, these accumulation patterns may signal growing institutional confidence in #ETH’s long-term potential not just as a speculative asset, but as a core strategic holding.

💬 What’s your take on this move? This is just one wallet among many quietly stacking ETH. Could this be the opening act of #Ethereum’s next major bull run?