Whales strongly organized to accumulate 58,268 ETH through OTC, worth 212 million USD.

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Two new Ethereum wallets have been created, linked to organizations through FalconX and Galaxy Digital, which have just purchased a total of 58,268 ETH worth approximately 212 million USD through OTC transactions. This move indicates that institutional money is flowing into Ethereum, reinforcing the trend mentioned in The Crypto Basic's June 2025 report, when Galaxy Digital transferred 108,278 ETH (~283 million USD) to a whale address.

FalconX – an institutional brokerage platform utilizing AI to optimize liquidity – along with Galaxy Digital is changing the market landscape, showing that institutions are increasingly dominating over retail investors, and may be the driving force behind price trends in the future.

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