Galaxy Digital OTC Moves 108,278 #Ethereum Worth $283 Million to Whale Address.

According to Lookonchain, Galaxy Digital’s over-the-counter (OTC) wallet withdrew 89,000 ETH from an exchange. This withdrawal, worth about $234 million, quickly grabbed the market’s attention. However, the transfers didn’t stop there.

Afterwards, Galaxy Digital facilitated an additional OTC transaction of 108,278 ETH, worth around $283 million. This transaction occurred in multiple batches: 44,000 ETH, 50,000 ETH, and 14,278 ETH, which were subsequently moved to a different address.

Following the OTC transactions, these Ethereum holdings were transferred to a new address: 0x0b26. This address now holds a total of 139,476 ETH, valued at approximately $365 million. According to Lookonchain, this address could be owned by a whale or an institution.

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