OTC whale "0x8c58" buys another 4,500 ETH, unrealized profit tops $30M
- —Whale "0x8c58" added 4,500 ETH worth $12.38M
- —Total holdings: 37,000 ETH at an average of $1,922
- —Total cost basis around $71.13M
- —Unrealized profit now exceeds $30M
Why it matters: Large OTC ETH purchases signal institutional demand and can support the price.
Source: PANews