【Blockchain Rhythm】Just noticed an interesting on-chain activity. Lookonchain detected a massive ETH movement—an institutional wallet recently transferred out 13,000 ETH, currently valued at approximately $41.75 million.
What’s more worth noting is the subsequent action. Of these ETH, 6,500 have already been gradually moved into cold wallets of several major exchanges, with a transfer amount of $20.89 million. What does this scale of transfer usually indicate? Large institutional position adjustments, liquidity preparations, or other intentions?
Galaxy Digital, as a major active on-chain holder, is closely watched by the market. The pace of transferring out 13,000 ETH and the strategy of batch entry into exchanges could influence short-term market sentiment. This type of on-chain data warrants close attention from ETH enthusiasts.
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CrashHotline
· 54m ago
When whales move, the entire market follows nervously, but to be honest, I'm tired of this tactic of entering in batches.
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ChainBrain
· 13h ago
Galaxy is causing trouble again, this rhythm feels a bit off
When whales move, I have to keep an eye on the market
Gradually entering the exchange? Isn't this just a prelude to dumping?
Throwing 13,000 ETH into the exchange, it will drop in the short term
Wait, is this accumulation or are they really about to take action? Can't quite see through
Let's wait until they actually move, anyway I’ll hold onto the coins I have first
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QuorumVoter
· 16h ago
Is this the prelude to a whale's dump? Or are they still accumulating?
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GasWaster69
· 16h ago
Whales are causing trouble again. Does Galaxy feel like they're dumping this time?
Brothers, big institutions are gradually entering exchanges, usually not a good sign.
13,000 coins turn into over 40 million, why is there no movement?
This pace is a bit strange, need to keep an eye on it.
Experienced traders are probably waiting for a dip, right?
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PumpDoctrine
· 16h ago
Whales are causing trouble again, depositing 6,500 ETH into the exchange. This move clearly indicates an intention to dump.
Whale Alert: Galaxy Digital transfers out 13,000 ETH, some flowing into multiple exchanges
【Blockchain Rhythm】Just noticed an interesting on-chain activity. Lookonchain detected a massive ETH movement—an institutional wallet recently transferred out 13,000 ETH, currently valued at approximately $41.75 million.
What’s more worth noting is the subsequent action. Of these ETH, 6,500 have already been gradually moved into cold wallets of several major exchanges, with a transfer amount of $20.89 million. What does this scale of transfer usually indicate? Large institutional position adjustments, liquidity preparations, or other intentions?
Galaxy Digital, as a major active on-chain holder, is closely watched by the market. The pace of transferring out 13,000 ETH and the strategy of batch entry into exchanges could influence short-term market sentiment. This type of on-chain data warrants close attention from ETH enthusiasts.