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

2025-07-24 01:00:29

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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