Two Crypto Whales Scoop Up $150M in ETH from OTC Desks

In a major show of confidence, two Ethereum whale addresses have made massive purchases totaling $150 million worth of ETH through over-the-counter (OTC) platforms. These transactions were executed away from public exchanges—an increasingly popular method for institutions and high-net-worth individuals to accumulate large crypto positions without triggering market volatility.

Blockchain data reveals that addresses 0x1e0 purchased $118.2 million in ETH via FalconX, while address 0xa3A bought $40.5 million through Galaxy Digital’s OTC desk. These discreet yet substantial buys suggest strategic accumulation and potentially long-term bullish positioning.#whales