🚨 MORE THAN $500 MILLION ETH JUST GOT “FROZEN” – WHAT IS HAPPENING? 🥶🥶🥶
In the past 24 hours, Galaxy Digital has withdrawn nearly 100,000 22466100432 (~$256M) from major exchanges like Coinbase, Binance, OKX, and Bitstamp to cold wallets.
Shortly after, half of this ETH (~46,300 ETH ≈ $120M) was taken for staking.
📈 Over the past week, this fund has staked a total of 77,000 ETH (~$190M)!
This is the highest ETH balance of Galaxy since March 2025 – a clear sign of a strong “accumulation” phase 💪
🔥 Why is this move causing a stir in the community?
Galaxy Digital is known as a super flexible “capital rotation” fund, taking advantage of strong market fluctuations to optimize profits – not a long-term “hold” investment fund.
Yet this time they are locking hundreds of millions of dollars in ETH into staking, meaning:
👉 A big bet on the long-term growth of ETH
👉 Reducing the circulating supply of ETH in the market, creating scarcity pressure
🧐 Not stopping there, yesterday Kraken also withdrew over 109,728 ETH (~$278M) from EigenLayer and directly deposited it into Ethereum's Validator pool.
More and more “big players” are staking ETH and “locking” it out of the market.
Could the next price increase cycle of ETH be quietly forming? 👀
🤔 What do you think about Galaxy's move and the major exchanges?
Is this a signal for a bull run, or just a “bait”?
👇 Let's discuss in the comments!