Wail dem shift 24,294 ETH go 0x86F9 and 15,627 ETH go 0x40E9
For August 4, big ETH transfer show say whale dem dey do plenty movement and liquidity for Ethereum market dey change. Wallet 0x86F9 carry 24,294 ETH (about $86.5 million) from FalconX inside six hours, while whale 0x40E9 collect 15,627 ETH (about $55.6 million) from Galaxy Digital OTC desk within two hours. These ETH transfer dey show how institution investors and OTC trading still dey waka big volume without shaking public order books. FalconX and Galaxy Digital be big OTC liquidity provider dem. Their service fit make big transfer easy, e help keep market steady by reducing price slippage and wahala when dem dey execute trades. For trader dem, to dey watch these whale movements dey very important. Big ETH transfer fit reduce on-chain liquidity and fit tanda say price fit move anyhow. Similar big accumulation for late 2023 relate with small short rally dem. The recent flow go private wallet fit mean say accumulation dey happen before market do big move again. Key points: • 24,294 ETH move enter 0x86F9 through FalconX. • 15,627 ETH transfer go 0x40E9 through Galaxy Digital OTC. • OTC trading still dey important for institutional ETH liquidity. To know about whale transfer go help person sabi market mind and possible price trend dem.
Bullish
Dem big ETH transfers dey show say institution dem dey gather more and OTC liquidity dey move wey e dey usually happen before market rally. When big amount of ETH move from public exchange go private wallet, chain supply go tight, e go put pressure to push price up. History show like di whale-driven inflows wey happen late 2023, e cause short term bullish momentum as traders see am as buy-side demand from investors wey get plenty capital. For short term, reduced exchange balance fit make price spike. For long term, steady accumulation by institutions dey show say dem get confidence for Ethereum future, e dey support bullish outlook.