Whale Accumulates 103,141 ETH Worth $323.8M via FalconX in Six Days

Recent data from Ember reveals that a prominent whale or institutional investor has accumulated 103,141 ETH, valued at approximately US$323.8 million, via FalconX over the last six days. The acquisition was executed at an average price of US$3,140 per ETH, highlighting significant confidence in Ethereum’s market position. This sizable purchase underscores the growing institutional interest in digital assets, reflecting a strategic move to capitalize on Ethereum’s long-term potential. Such large-scale transactions often signal robust market activity and can influence price dynamics within the crypto ecosystem.