An anonymous cryptocurrency whale previously tracked moving 5,100 ETH worth about $9.59 million to FalconX, Galaxy Digital and Coinbase has also been linked to a larger accumulation trend in Ethereum, as ETH trades near $1,887 and holds support between $1,720 and $1,780. Onchain Lens earlier said the whale bought 50,000 ETH worth $93.6 million and staked it, contributing to roughly $170 million in recent purchases. The exchange transfers totaled 2,440 ETH to FalconX, 1,180 ETH to Galaxy Digital and 1,480 ETH to Coinbase within an hour, a pattern often monitored for possible selling pressure, though such flows can also reflect over-the-counter deals, collateral management or portfolio rebalancing. The staking move, by contrast, points to a longer-term on-chain strategy and has been read by market participants as a sign of confidence in ETH.