Summary
- Reported that Ethereum (ETH) whales were observed to have newly accumulated 210,452 in the past 6 hours.
- It stated that ETH receipts took place at major trading and custody firms such as Kraken, Galaxy Digital OTC, BitGo, and FalconX.
- It said this suggests that Ethereum continues to see strong buying pressure from institutional and large investors.
A large accumulation movement by Ethereum (ETH) whales has been detected.
On the 25th (local time), according to LookonChain, in the past 6 hours 10 wallets newly received a total of 210,452 ETH (approximately $862.85 million).
The receipt routes were confirmed to be major trading and custody firms such as Kraken, Galaxy Digital OTC, BitGo, and FalconX. This shows that institutional and large investors' buying pressure for Ethereum remains strong.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
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