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The two institutions have accumulated more than 200,000 ETH units in 6 days

According to online reports, according to analyst Ember Monitoring, an institution has hoarded 103,141 ETH units through FalconX in the past 6 days, with an average price of US$3140 and a total value of approximately US$323.8 million. Another address hoarded 103,274 ETH pieces through Kraken during a similar period of time, with an average price of US$2885 and a total value of approximately US$298 million. The current floating profit is approximately US$63 million. The address continued to raise 14,982 ETH(US$51.29 million) from Kraken 4 hours ago. The hoarding time, method and quantity of the two addresses are highly similar and may be the same institution. Institutions in the market have collected a large amount of ETH, pushing the price up from US$2500 in July to US$3600 now.

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