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Crypto

Galaxy Digital Whale Loads Up $71M in Ethereum via OTC Desk

Guavy AI Editorial Team
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ETH
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A whale address associated with Galaxy Digital's over-the-counter (OTC) trading desk has accumulated $71.1 million in Ethereum over the past two weeks, according to blockchain tracking platform Onchain Lens.

The funds were transferred from the OTC trading address, and the latest activity includes an additional 10,000 ETH, valued at around $19.1 million, moved within the last three hours.

This accumulation comes as Ethereum has shown relative price stability, with ETH trading in a range that has attracted both retail and institutional interest.

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