Since 7/10, multiple newly created Wallets have been accumulating ETH in large quantities through various channels, such as certain platforms, FalconX, Galaxy Digital, and other platforms.
Only the 9 wallets I have been following have previously issued ( separately, and in just the past half month, they have accumulated up to 614,000 ETH, worth over $2.1 billion. Additionally, the accumulation of some addresses is still ongoing.
These whales/institutions and ETH spot ETFs, known ETH
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