A newly created Ethereum wallet, identified as "0x8df", has accumulated a significant amount of ETH, highlighting increased institutional interest. The wallet withdrew 24,409 ETH, valued at $93.18 million, from the Kraken exchange. Additionally, it received 8,914 ETH, worth $34.1 million, from FalconX. Currently, the wallet holds a total of 28,933 ETH, valued at $110.69 million. This activity underscores ongoing accumulation trends among large investors in the Ethereum market.
New Wallet Accumulates $110.69M in Ethereum from Kraken and FalconX
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