ETH OTC Whale Buys 9,945 ETH for $31.89M Across FalconX, Wintermute and Coinbase, Following $94M Short-Term Profit

Onchain Lens data reveal an institutional OTC purchase comprising 9,945 ETH acquired from FalconX, Wintermute, and Coinbase for approximately $31.89 million. This off-exchange transaction highlights persistent demand from large liquidity providers and underscores the role of OTC activity in shaping market depth for ETH without conventional exchange visibility. The deal signals ongoing institutional participation in the cryptocurrency market and reflects a disciplined approach to liquidity access among major desks and custodians.

Prior to this move, the same whale had already booked more than $94 million in short-term ETH gains, signaling an active execution program rather than a single trade. Market observers attribute the profitability to precise timing and disciplined risk controls. For readers tracking liquidity flows, credible on-chain sources like Onchain Lens offer a valuable signal set to gauge upcoming price dynamics and inform risk-aware positioning in ETH.

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