According to @EmberCN, a major institutional address purchased approximately $50 million worth of Ethereum (ETH) at a price of $3,570 per ETH, acquiring 14,006 ETH via OSL after transferring 50 million USDT from Bitget just seven hours prior. This significant whale activity highlights robust institutional interest and may influence short-term ETH volatility and trading volume, potentially affecting broader crypto market sentiment (source: @EmberCN).

According to @OnchainDataNerd, a wallet that may belong to Animoca Brands has deposited 5,500 ETH, approximately worth $12.58 million, to OSL, a crypto exchange in Hong Kong. If sold at the current price, the realized profit would be $4.07 million.