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Who's the mysterious institution quietly building a 171K Ethereum reserve?

2025-08-08 12:11:56

Description

Ethereum reserves are turning into a hot commodity as more companies set out plans to buy ETH. However, in the past week, a mysterious entity has built a potential treasury of over 171K ETH. The anonymous entity is buying up ETH from multiple sources, building a reserve of 171,015 ETH. On-chain data shows that Ethereum tokens were sent to six newly created wallets, funded by other large-scale trading wallets. The funds flowed in multiple transactions, tapping BitGo, FalconX, and Galaxy Digital, ...

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