Galaxy Digital made another move, withdrawing 3,500 ETH, worth nearly $9 million!

According to the latest monitoring data, Galaxy Digital withdrew 3,500 ETH from Binance 4 hours ago, worth up to $8.91 million! Currently, the whale address holds 65,368 ETH, equivalent to about $167 million. Such large-scale operations often trigger market associations: What exactly is Galaxy Digital's move?

In-depth interpretation: hidden market signals behind

Such huge capital flows, especially in the context of ETH prices not yet seeing a strong rebound, are often a precursor to major market changes. Judging from Galaxy's series of operations, perhaps they are making early arrangements for the next round of ETH gains. Whether it is preparing for the upcoming on-chain activity to heat up or paving the way for subsequent larger market operations, it shows that institutional investors have strong bullish confidence in the future trend of ETH.

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