According to Lookonchain analytics, institutional Ethereum holdings are showing renewed accumulation as market conditions drive strategic balance-sheet management. The latest data signals sustained interest among major firms, suggesting a shift in ETH accumulation strategies and year-end liquidity planning.

Two notable capital moves were reported: Amber Group exited 6,000 ETH (≈ $18.8 million) from Binance, followed by Metalpha withdrawing 3,000 ETH (≈ $9.4 million) from the same exchange within a tight time window.

While not a definitive market bet, such actions illustrate ongoing institutional crypto flow and liquidity management, with firms realigning exposure across counterparties and custody networks in a measured risk framework.