🚨 Institutional Movement! Galaxy Digital OTC Wallet Transfers 23,900 ETH (42.52 Million) to Coinbase
In the last 8 hours, a wallet associated with Galaxy Digital's over-the-counter (OTC) trading has deposited 23,900 ETH (approximately 42.52 million) into #Coinbase, raising speculation in the market about institutional sell-offs.
Key Behavioral Analysis:
Operation Scale: 23,900 ETH (42.52 Million)
Path Tracking: OTC wallet directly connected to the exchange, usually a shipping signal
Historical Pattern: Galaxy has recently frequently transferred large amounts of ETH through OTC channels
👉 On-chain Evidence:
https://intel.arkm.com/explorer/entity/galaxy-digital
