tldr; Whales and institutions have acquired $942.8 million worth of Ethereum (ETH) in just two days, according to on-chain data from Lookonchain. Major purchases include Bitmine acquiring 69,603 ETH and five wallets buying 102,455 ETH from FalconX. Additionally, large withdrawals were made from exchanges like OKX and Binance, with some funds deposited into decentralized finance platforms like Aave. Meanwhile, the Ethereum Foundation sold 10,000 ETH to fund operations, retaining 224,800 ETH in its public wallets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Whales and institutions have acquired $942.8 million worth of Ethereum (ETH) in just two days, according to on-chain data from Lookonchain. Major purchases include Bitmine acquiring 69,603 ETH and five wallets buying 102,455 ETH from FalconX. Additionally, large withdrawals were made from exchanges like OKX and Binance, with some funds deposited into decentralized finance platforms like Aave. Meanwhile, the Ethereum Foundation sold 10,000 ETH to fund operations, retaining 224,800 ETH in its public wallets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.