$ETH 📌Currently, Galaxy Digital holds approximately 55,760 Ethereum coins and 171.3 thousand Solana in its portfolio. Most of the assets were recently moved to unmarked wallets. Experts note that such a move is perceived in the context of bearish sentiment, which has recently been associated with the main altcoin. This involves both a sharp decline in prices and a loss of investor confidence.
📌At present, Ethereum's dominance in the total market cap of the cryptocurrency market stands at 7%, which is a record low. Since the beginning of the year, this metric has decreased by almost 43%. As for capitalization, during the same period, the main altcoin has lost more than 51%. This dynamics starkly contrasts with what Bitcoin is demonstrating. The BTC/ETF currency pair has decreased by 48% since the beginning of the year.