PANews reported on July 18 that according to Onchain Lens, two major institutional whales have been continuously increasing their holdings of Ethereum recently. One party withdrew 35,000 ETH from FalconX, worth about $121 million, and currently holds a total of 103,141 ETH, with a market value of about $367 million, and a cumulative profit of more than $42 million. The other party withdrew 14,982.55 ETH from Kraken, worth about $51.28 million, and currently holds a total of 103,274 ETH, with a market value of about $367.4 million, and a cumulative profit of more than $67.7 million.