According to the report on April 22, Galaxy Digital conducted a large transaction, moving an additional 5,000 ETH to Binance within just 8 hours, equivalent to approximately 8.11 million USD. The developments over the past week show that a total of 65,280 ETH was transferred, valued at around 105 million USD, indicating a notably active trading activity from Galaxy Digital. Currently, this entity still retains approximately 55,760 ETH, valued at around 87.86 million USD.
Information from The Data Nerd source provides a valuable market perspective without aiming to recommend investment. These movements by Galaxy Digital could impact the cryptocurrency market, especially for ETH, as the supply continuously moves between major trading platforms. This activity confirms the importance of monitoring digital currency flows and storage strategies in a volatile market environment.
