Data: Multiple large wallets continue to accumulate ETH, purchasing over 197,000 coins in two days

Despite the market downturn, whales and institutions continue to accumulate ETH.

New wallet 0x392a withdrew 10,050 ETH from Kraken, worth $34.38 million. A new wallet 0xa235, suspected to belong to Bitmine, purchased 24,007 ETH through Galaxy Digital OTC, worth $82.13 million. Additionally, the "66k ETH lending whale" bought 163,680 ETH in the past two days, worth $582 million. The three wallets collectively increased their holdings by 197,737 ETH, with a total value of approximately $698 million.