Whales and Institutions Boost ETH Holdings with Over $500M in Recent Transfers

Main Idea
Recent data shows significant Ethereum (ETH) accumulation by whales and institutions, with over $500 million worth of ETH moved in large transactions.
Key Points
1. Wallet 0xd47 withdrew 32,902 ETH (approx. $119.42 million) from Kraken in the last five days.
2. Wallet 0x8eE received 32,368 ETH from FalconX, contributing to a total inflow of 138,345 ETH (approx. $501 million) in the same period.
3. The data highlights increased accumulation of ETH by large holders and institutions.
Description
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$ETH
$3593.60
-1.28%
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