CoinWorld reported that, according to on-chain analyst Yu Jin, a giant whale/institution has accumulated 63,838 ETH ($232 million) in the past day through FalconX and Galaxy Digital. They created 3 addresses using BitGo's "Wallet Factory," and these 3 addresses received a total of 63,838 ETH ($232 million) from FalconX and Galaxy Digital, at an average price of $3,640.