Galaxy Digital Deposits 12,181 ETH into Coinbase, Totaling $79.36 Million in Just 5 Days

ETH

ETH/USDT

$2,464.52

-0.81%

$2,464.52

-0.81%

(24s)

24h Volume

$12,477,991,887.27

24h H/L

$2,523.30 / $2,442.44

Change: $80.86 (3.31%)

Long/Short

62.5%

Long: 62.5%Short: 37.5%

Funding Rate

-0.0017%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,461.19

▼ -0.96%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,566.53

Resistance 1$2,478.24

Price$2,461.19

Support 1$2,431.42

Support 2$2,370.72

Support 3$2,224.66

Pivot (PP):$2,478.24

Trend:Uptrend

RSI (14):60.3

According to data from Spot On Chain, Galaxy Digital’s cryptocurrency wallet has made a significant deposit of 12,181 ETH—valued at around $19.02 million—into Coinbase just hours ago. In a striking trend over the past five days, the firm has now transferred a total of 49,681 ETH (approximately $79.36 million) to centralized exchanges, with an average price point of $1,597 per Ether. This recent activity indicates a strategic approach by Galaxy Digital in managing liquidity in the current volatile market niche. Such actions could signal a potential shift in market dynamics, making it essential for investors to monitor developments closely as they may affect overall sentiment towards Ethereum.