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ETH OTC purchase Flash News List | Blockchain.News
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List of Flash News about ETH OTC purchase

Time Details
2025-06-13
01:49
Ethereum Whale Linked to ConsenSys Acquires 2,825 ETH ($7.48M) OTC, Totaling 160,736 ETH in 2 Weeks at $2,620 Average Cost

According to Lookonchain, a whale or institution, likely associated with ConsenSys, purchased another 2,825 ETH worth $7.48 million via OTC four hours ago. Over the past two weeks, this entity accumulated a total of 160,736 ETH, with an average entry price of approximately $2,620 per ETH (source: Lookonchain, June 13, 2025; intel.arkm.com). This large-scale accumulation suggests sustained institutional confidence in Ethereum (ETH) and may indicate strong short-term support at the $2,620 level. Traders should monitor on-chain flows for potential price stability and increased volatility if this whale alters its accumulation strategy.

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