According to @lookonchain, Galaxy Digital has transferred 49,681 ETH, equivalent to $79.37 million, into Binance and Coinbase over the past five days. This substantial movement of Ethereum could signal potential trading strategies or liquidity management by Galaxy Digital. The deposition on major exchanges like Binance and Coinbase could influence ETH market liquidity and volatility, giving traders insights into potential price movements.
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Galaxy Digital Moves 49,681 ETH Worth $79.37M to Binance and Coinbase: Trading Implications – Blockchain News
