Data: Two affiliated wallets purchased 9,044 ETH, worth approximately 38 million USD

According to ChainCatcher news and monitoring by the blockchain data analysis platform Lookonchain, despite the recent downward trend in the market, institutional investors continue to increase their holdings of Ethereum.

Two wallet addresses associated with institutions (0x50A5 and 0x9bdB) received 9,044 ETH, worth approximately 38 million dollars, from the crypto trading platform FalconX about 25 minutes ago.