Data: Galaxy Digital transferred 5,000 ETH to Binance again, with over 65,000 coins transferred to the exchange within a week

ChainCatcher news, according to OnchainDataNerd monitoring, Galaxy Digital transferred 5,000 ETH to Binance again 8 hours ago, worth approximately 8.11 million dollars at the time. In the past week, it has cumulatively transferred about 65,280 ETH to the exchange, valued at approximately 10.5 million dollars.

As of now, the address still holds about 55,760 ETH, worth approximately 87.86 million dollars. Frequent transfers to exchanges may indicate a cash-out expectation, and the market should pay attention to potential selling pressure.