Not just that, another newly created crypto wallet purchased 32,640 ETH worth $122.18 million through OTC deals.
With this, the wallet’s ETH holdings have increased to 43,787 ETH worth $163 million in the past four trading days.
Apart from these crypto whales, the publicly listed SharpLink Gaming (Nasdaq: SBET), often referred to as the “MicroStrategy of Ethereum,” purchased 79,949 ETH last week, boosting its total holdings to 360,807 ETH.
Data reveals that this total holding has risen by 29% compared to the previous week.
Looking at these acquisitions by institutions and crypto whales, it appears that the race for ETH accumulation has now begun.
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