According to Lookonchain, a notable whale executed an over-the-counter (OTC) purchase of 30,000 ETH for $75.39 million at $2,513 per ETH before the recent price jump, resulting in an unrealized profit of $1.52 million as the value rose to $76.91 million. This whale has a history of profitable Ethereum trades, previously earning $23.73 million by consistently buying low and selling high. Such large OTC transactions signal strong bullish sentiment and can reduce immediate market slippage, which is often interpreted as a positive signal for Ethereum price action in the short term. Traders should closely monitor whale activity, as these moves can precede significant price volatility and set new support levels in the ETH/USD trading pair. (Source: Lookonchain, Twitter, May 26, 2025)