On June 6, an OTC whale purchased another 29,000 ETH from digital asset broker FalconX, according to TechFlowPost. This marks yet another accumulation of Ethereum by this address through over-the-counter trading, signaling continued interest. FalconX, an institutional-grade platform, offers block trading and OTC services that allow large orders to be executed without significant market impact. The whale has previously made multiple ETH purchases via FalconX, and this latest transaction extends its accumulation strategy. The move has once again drawn attention to Ethereum whale activity; while the address remains unidentified, its persistent buying pattern suggests a medium- to long-term bullish outlook on the asset.
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