COINCU
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Galaxy Digital Transfers $203M in Crypto Assets
Galaxy Digital has made significant reallocations in its crypto holdings, notably moving 65,600 ETH to Binance and withdrawing 752,240 SOL. This strategic shift underscores a preference for Solana over Ethereum amidst changing market dynamics.
Recent market trends show Ethereum experiencing a near 20% price drop, while Solana has gained approximately 8%, indicating shifting institutional confidence.
Analysts suggest that these large asset transfers reflect a responsive strategy influenced by Ethereum's volatility and Solana's growth within the crypto ecosystem.
Full story here: https://coincu.com/333770-galaxy-digital-crypto-asset-shift
Recent market trends show Ethereum experiencing a near 20% price drop, while Solana has gained approximately 8%, indicating shifting institutional confidence.
Analysts suggest that these large asset transfers reflect a responsive strategy influenced by Ethereum's volatility and Solana's growth within the crypto ecosystem.
Full story here: https://coincu.com/333770-galaxy-digital-crypto-asset-shift
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