According to Lookonchain, Galaxy Digital has deposited a substantial 25,000 ETH, equivalent to over $40 million, into Binance over the past three days. This significant transfer could indicate a potential strategy shift or preparation for large-scale trading activities. Such movements are critical for traders monitoring liquidity and potential price impacts on the Ethereum market.

According to The Data Nerd (@OnchainDataNerd), Galaxy Digital has deposited 12.5k ETH, valued at approximately $20.37 million, and 5 million USDT into Binance. This substantial transfer suggests a potential trading strategy underway. Traders should watch for any resultant price fluctuations in Ethereum and Tether as these assets become available on the Binance exchange. Source: The Data Nerd.

According to Ai 姨 (@ai_9684xtpa), the investor identified as timothy0x.eth has reportedly accumulated 1,553 ETH valued at $3.2 million, with an acquisition cost of approximately $2063 per ETH. This address previously deposited an equivalent amount on Binance at a price of $2054 per ETH two weeks ago. It remains uncertain whether this is a repurchase after selling. These tokens were accumulated over February to October last year at an average cost of $2435 per ETH, indicating a potential loss of $592,000 if sold. The wallet address for verification is provided at intel.arkm.com/explorer/address.