Data from on-chain transaction tracker Lookonchain shows that two wallets linked to Galaxy Digital recently deposited 45,000 ETH across multiple crypto exchanges over a 15-hour window.
Ethereum Whales Move $104 Million In ETH To ExchangesOn-chain data shows that some Ethereum whale wallets are currently on a roll of transactions. These Ethereum whale wallets involved were flagged by Lookonchain as belonging to Galaxy Digital, the digital asset firm co-founded by Mike Novogratz.
The on-chain transfers flagged by Lookonchain show a clear pattern: large amounts of ETH moved from two whale wallets associated with Galaxy Digital-linked addresses into centralized crypto exchanges.
Are Whales Crashing ETH?
