In the past day, three wallets scooped up a massive 49,533 $ETH, worth around $210.68 million. These purchases, likely via linked wallets, came through well-known channels like Galaxy Digital OTC, BitGo, and FalconX, suggesting this wasn’t just a casual trade.
Together, the wallets now hold over 106,700 ETH, valued at roughly $460 million at current prices (~$4,314 per ETH).
What’s interesting is how this was done quietly through OTC and institutional platforms, a smart move to avoid shaking up the markets.Big, coordinated buys like this often hint at growing institutional confidence in Ethereum’s long-term potential, whether for staking, DeFi, or simply holding.
