Institutional Withdrawal Action! Galaxy Withdraws 37,800 ETH

On August 15, Galaxy Digital withdrew 37,800 ETH worth approximately 172 million from CEX within 24 hours. The large withdrawals by institutions may indicate either a risk-hedging move due to the lingering shadow of CEX crises, or a focus on ETH staking rewards, or even strategic positioning.

After a decline in trust in CEX custody, institutions are more inclined to tighten control over their assets. The flow of these ETH is crucial: are they locking up for staking returns? Or are they lurking in DeFi to make moves? Institutional fund movements have always been market signal flares, and ordinary players should keep a close eye on these flows, as they tend to be more attuned than retail investors. #加密市场回调 #美国7月PPI年率高于预期 #主流币轮动上涨