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According to LookIntoChain monitoring, in the past six hours 10 whale addresses received a combined 210,452 ETH (approximately $8.63 billion) in transfers originating from institutional custodians including Kraken, Galaxy Digital OTC, BitGo, and FalconX. The on-chain records indicate concentrated inflows to a limited set of large wallets, reflecting measurable institutional movement across custodial channels.
These figures derive from confirmed transaction data and wallet attribution by LookIntoChain and represent transfer activity rather than a stated market strategy. Market participants should view the update as an informative change in liquidity distribution metrics and integrate it into comprehensive risk and liquidity assessments without assuming immediate price implications.
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