During the market downturn, whale and institutions continued to accumulate ETH, totaling 47,500 ETH worth approximately $182 million.

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According to Foresight News , Lookonchain monitoring indicates that whale and institutions continued to accumulate ETH during the market downturn. Two new wallets (possibly belonging to Bitmine) withdrew 33,323 ETH, valued at approximately $126 million, from FalconX and Kraken. Additionally, over-the-counter (OTC) whale purchased 14,165 ETH, valued at approximately $55.5 million, through FalconX, Coinbase, and Wintermute.

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