COINOTAG News, citing LookIntoChain monitoring, reports a notable ETH transfer on December 19. According to the tracker, Arthur Hayes moved 508.647 ETH to Galaxy Digital, a transfer valued at roughly $1.5 million. While the intent remains unconfirmed, the move has prompted market observers to consider liquidity management or asset reallocation within the crypto space.

At this stage, no official confirmation of a sale exists. On-chain analytics suggest the transaction could reflect rebalancing activity rather than an outright disposition. Investors should monitor subsequent on-chain activity and related price action, exercising cautious, evidence-based framing, avoiding overinterpretation while awaiting further clarification from market participants and exchanges.