Latest Update
8/6/2026 12:30:00 AM

Whale: Accumulates $71M ETH From Galaxy Digital OTC

Whale: Accumulates $71M ETH From Galaxy Digital OTC

Whale takes 37K ETH ($71.1M) from Galaxy Digital OTC wallets over two weeks, with 10K ETH ($19.1M) arriving in last three hours at address 0x8c585dFECE9d68a09f6a17B46c686E7a126A04b1.

Source

Analysis

Galaxy Digital OTC desks transferred 37K ETH worth $71.1M to a single whale address over the past two weeks, including a fresh 10K ETH tranche valued at $19.1M delivered within the last three hours, according to on-chain data from Arkham.

Price sits at $1909.78 inside the Bollinger Bands on the 4h chart, testing upper resistance at $1912.17 while the 50-EMA at $1880.59 and 200-EMA at $1832.58 continue to anchor the bullish structure; with MACD holding a golden cross at 6.75 and RSI at 62.14, the setup points to a measured pullback toward the 50-EMA support before any extension higher amid ongoing institutional ETH accumulation trends and shifting crypto OTC flows that shape ETH price prediction models into 2026.


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