Massive ETH Inflows from Grayscale, Blackrock, and More: Over 75,000 ETH Deposited in 24 Hours

Recent data analyzed by The Data Nerd reveals a significant uptick in **Ethereum** deposits by institutional investors on centralized exchanges (CEX) over the past 24 hours. Notably, **Grayscale** has moved **16,247 ETH**, translating to roughly **$28.63 million**, indicating a strong interest in this leading cryptocurrency. Additionally, **BlackRock** has made a substantial contribution with a deposit of **10,000 ETH**, valued at approximately **$17.94 million**. Furthermore, **Wintermute** has entered the market aggressively, depositing **34,634 ETH**, which equates to about **$62.94 million**. Other noteworthy transactions include **Andre Conje** with a deposit of **2,000 ETH** (around **$3.44 million**) and **James Fickle** with a total of **2,350 ETH**, valued at approximately **$4.19 million**. This surge in institutional activity underscores the growing confidence among financial giants in the **Ethereum** ecosystem.