Whale Buys 14,165 ETH ($55.5M) via OTC Trades From FalconX, Coinbase & Wintermute — LookIntoChain (Oct 11)

COINOTAG News reported on October 11 that LookIntoChain monitoring identified a whale address acquiring 14,165 ETH—approximately $55.5 million—via over-the-counter transactions routed through prime brokers FalconX, Coinbase, and Wintermute. The activity was recorded as executed off-exchange, consistent with institutional-sized execution strategies.

The use of OTC trades by these counterparties typically reflects an intent to manage liquidity and limit immediate market impact, with settlement flows observable through on-chain analysis. Market participants tracking large-address flows will view this as a notable single-entity accumulation, given the transaction size and the involvement of established execution desks.