COINOTAG reported that On-chain Lens analytics registered two significant transfers from Galaxy Digital, highlighting large-scale ETH movement on the network. One newly created wallet (0xa7a…) received 4,812 ETH (approximately $23 million), while a separate whale address (0xDda…) was credited with 2,000 ETH (approximately $9.63 million); both transfers were observed roughly four hours prior. These on-chain transfers represent notable asset reallocation by a major institutional counterparty. Market participants and on-chain analysts should monitor subsequent wallet activity and exchange flows for verified liquidity changes, while recognizing that such transactions alone do not confirm trading intent or immediate price impact.
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