According to Lookonchain, a mysterious whale executed a significant OTC trade by purchasing 30,000 ETH for $54.9 million at $1,830 and 600 BTC for $56.94 million at $94,900 on April 27. Three hours ago, this whale sold the entire 30,000 ETH position via OTC for $78.63 million at $2,621, realizing a profit of $23.73 million. The 600 BTC remains unsold and is currently valued at $66.5 million, up $9.6 million. Such large-scale OTC trading activity can signal increased institutional interest and may lead to heightened volatility and liquidity shifts in both ETH and BTC markets. This move is closely watched by traders for potential price direction cues and ongoing momentum in the broader cryptocurrency market. (Source: Lookonchain, Twitter)

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.