Whales Accumulate Over 122,000 ETH Worth $435M via FalconX, Generating $41M Unrealized Profit
2025-07-19 02:00:01
Main Idea
Institutional investors have significantly increased their Ethereum holdings through FalconX, accumulating 122,000 ETH worth $435 million, resulting in $41.34 million in unrealized gains.
Key Points
1. Institutional investors acquired an additional 19,550 ETH worth $70.7 million within a 10-hour window on July 19.
2. Since July 12, a specific wallet has accumulated 122,000 ETH, valued at approximately $435 million, with an average acquisition cost of $3,213 per token.
3. This accumulation has led to an unrealized gain of $41.34 million.
4. The activity highlights growing institutional confidence in Ethereum’s long-term potential.
Description
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