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Major ETH Movement: Whales Receive $1.6B Worth of ETH in 48 Hours
Gate News bot message, significant Ethereum transfers occurred as whale wallets demonstrated substantial accumulation activity. Over a 48-hour period, 15 distinct wallets collectively received 406,117 ETH, valued at approximately $1.6 billion. These transfers originated from various major crypto institutions, including CEX, Galaxy Digital, and BitGo. The activity intensified on the first day, with 11 wallets receiving 295,861 ETH ($1.19 billion) from the same institutions.