SINGAPORE'S LARGEST BANK DBS IS AN ETHER WHALE WITH NEARLY $650M IN ETH

Summary from the TLDR Crypto newsletter

A wallet owned by DBS, Singapore's largest bank, owns over 173,000 ETH. The bank has made over $200 million on this position at current market prices. While a DBS spokesperson said this position is not on its books, the firm is familiar with crypto and offers services like custody, trading, and portfolio management.