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List of Flash News about BTC OTC purchase

Time Details
2025-04-28
04:09
Whale Accumulates 30K ETH and 600 BTC via Wintermute OTC: Trading Signals for Ethereum and Bitcoin Investors

According to @AltcoinGordon, a crypto whale recently executed a significant over-the-counter (OTC) purchase of 30,000 ETH (valued at $54 million) and 600 BTC (valued at $56.7 million) through the liquidity provider Wintermute. Such large-scale OTC transactions often indicate strong bullish sentiment among institutional investors, as OTC deals typically minimize market impact and signal accumulation ahead of potential price movements (source: @AltcoinGordon on Twitter, April 28, 2025). Traders should monitor on-chain flows and liquidity shifts for both Ethereum and Bitcoin, as whale activity of this magnitude has historically preceded notable volatility and upward momentum in spot markets.

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