Bullish

Whale Accumulates 37,000 ETH Worth $71.1M From Galaxy Digital OTC

2026-08-06 08:30

A major entity received 37,000 ETH valued at $71.1M from Galaxy Digital OTC in two weeks, including a recent 10,000 ETH transfer worth $19.1M.

Woofun AI data shows that a significant wallet has accumulated 37,000 ETH, equivalent to $71.1 million, from the Galaxy Digital OTC address over the past two weeks. Within the last three hours alone, this entity received an additional 10,000 ETH valued at $19.1 million.

WOOFUN AI

Impact Assessment · Quick Read

The rapid accumulation of large ETH volumes via OTC channels suggests institutional or whale-level positioning ahead of potential market moves. Such concentrated buying pressure may reduce spot liquidity temporarily, while signaling confidence in ETH's near-term valuation among high-net-worth participants.
Generated by WOOFUN AI · For reference only, not investment advice

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