Ethereum Whale Accumulates $71M via Galaxy Digital OTC Desk
An anonymous Ethereum whale has been quietly accumulating $71.1 million in cryptocurrency over the past two weeks, according to blockchain tracking platform Onchain Lens.
The funds were transferred from an OTC trading address associated with Galaxy Digital, a major digital asset financial services firm, and included a recent 10,000 ETH addition valued at around $19.1 million.
This deliberate, staged buying pattern suggests a professional approach to investment, rather than a one-time purchase.
The whale's activity comes at a time when Ethereum has shown relative price stability, with traders in a range that has attracted both retail and institutional interest.