Ethereum Whales Purchase Over $350 Million in ETH During Market Decline

Large Ethereum holders acquired more than $350 million worth of ETH during the recent market downturn. One newly created wallet accumulated 20,000 ETH totaling approximately $70 million through Kraken, while another entity purchased $206 million in AaveETH via Galaxy Digital's OTC desk, data show. A separate address obtained 24,007 ETH exceeding $82 million during the same period.