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According to Arkham, one address received 45,000 ETH worth about $119.67 million through Galaxy Digital OTC, with ETH priced at about $2,659 at the time of receipt. The address then moved part of its existing holdings along with the newly received ETH through an intermediary wallet in multiple transfers, consolidating a total of 54,990 ETH into a single wallet. That wallet now holds about 57,260 ETH worth roughly $153.40 million, and no outbound transfers to external wallets have been identified so far.