Whale transfers out 13,000 ETH at once, with 6,500 already flowing into mainstream exchanges.

RumbleValidator · 2026-01-19T16:08:10+00:00

On-chain data monitoring shows that a large holder is selling 13,000 ETH, worth approximately $41.75 million, with nearly half of the assets transferred to major exchanges, potentially indicating an upcoming large-scale sell-off. The market should watch for subsequent reactions.

RumbleValidator

2026-01-19 16:08:10

Abstract generation in progress

【Chain News】On-chain data service providers have detected a large holder making a significant exit. This operation involves 13,000 ETH, with a total value of up to $41.75 million.

According to monitoring, Galaxy Digital’s OTC dedicated wallet has just completed a large transfer—13,000 ETH moved out of the wallet. Subsequently, nearly half of the assets (6,500 ETH) have been gradually transferred into deposit and withdrawal addresses of major exchanges such as Binance, Bybit, and OKX. Such operations typically indicate a clear intention to sell—funds flowing into exchanges suggest that a large sell order may be imminent.

The ETH worth $20.89 million has ample liquidity on the exchanges, and the selling pressure should not be underestimated. Market observers need to watch whether larger-scale sell-offs will occur next.

ETH-3,59%

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BearMarketBro

· 7h ago

Is it that straightforward for whales to dump? Is Galaxy also starting to run away?

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ForumMiningMaster

· 7h ago

Is a whale dumping coming? Galaxy's move is quite aggressive. Be careful as it's all on the exchange. Wait, is Galaxy really about to launch or is it just activity funds? 6,500 ETH dumped, how many leeks are going to be cut in this wave...

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GateUser-74b10196

· 7h ago

Is another whale dumping? Galaxy Digital's move is getting a bit rushed... --- 6500 ETH into the exchange, this pace probably can't be held back, everyone wait to be hammered down --- It's Galaxy Digital again... feels like this institution hasn't stopped lately, really want to know how much more they plan to dump --- Liquidity is sufficient, then just dump it all at once, retail investors will be left watching the drama --- Why do OTC wallets always love to sell... could it be they're short on cash? --- Over $20 million in sell pressure, can the buy side handle this, brothers? --- Haha, here we go again, every time a whale transfers coins, it's a prelude to a dump --- Transferring 13,000 ETH all at once, isn't this just sending a market signal? --- Exchange balances have increased again, familiar feeling... ready to get hit?

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OnChainDetective

· 7h ago

whoa wait, galaxy digital moving 13k eth to exchanges? that's not just casual rebalancing, that's textbook presale dump setup. the pattern screams it - otc wallet → binance/bybit/okx in one shot? nah man, someone's definitely offloading.

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AirdropChaser

· 7h ago

Hey, Galaxy is about to dump again? Are you guys going to buy the dip?

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