In the first week of June, the cryptocurrency market witnessed significant participation from whales and institutional investors in three altcoins: ETH, FARTCOIN, and HYPE. These large-scale buying and selling activities reflect confidence in the growth potential of these coins and could significantly impact market trends. Ethereum (ETH) According to data from Lookonchain, an institution or whale conducted a large-volume purchase of 108,278 Ethereum (ETH), equivalent to $283 million, through an OTC (over-the-counter) channel. The Galaxy Digital OTC wallet executed this transaction
source: https://beincrypto.com/crypto-whales-pour-millions-in-3-altcoins-during-the-first-week-of-june/