According to Lookonchain, a wallet linked to Abraxas Capital has withdrawn a significant amount of Bitcoin, totaling 2,949 BTC ($250 million), from exchanges over the past four days. This includes a recent withdrawal of 505 BTC ($42.64 million) from Binance. Such substantial accumulation by institutional investors suggests a bullish outlook for Bitcoin, potentially impacting its market price positively. Traders should monitor these activities closely as they often indicate future market movements.

According to Lookonchain, significant Ethereum accumulation by whales has been observed with large withdrawals from major cryptocurrency exchanges. Specifically, a wallet linked to Metalpha has withdrawn 29,000 ETH valued at $48.73 million from Binance since April 1. Another wallet, identified as 0xd81E, has taken out 46,577 ETH worth $97.26 million from Gate.io since February 15. Additionally, wallet 0x6034 has removed 10,091 ETH, equating to $18.8 million, from Bybit since March 12. These moves suggest strategic accumulation by large holders, potentially indicating bullish sentiment and influencing Ethereum's market dynamics.

According to @OnchainDataNerd, the price of $OM plummeted 90% from $6 to $0.4 within 6 hours. In the last three days, 24.4 million $OM tokens, valued at $143.94 million, were deposited into OKX from five wallets. Notably, four of these wallets previously withdrew tokens from Binance and subsequently transferred them to OKX, while the fifth wallet is linked to Laser Digital. This significant movement of tokens could indicate strategic shifts in trading positions or preparation for market maneuvers, which traders should closely monitor.