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An unidentified whale deposited ETH worth $112 million with Galaxy Digital.
Well, last night's decline prompted a whale to take profits on 42,000 $ETH 😲
The whale, which had accumulated 52,000 $ETH via OTC since July, deposited ETH worth $112 million with Galaxy Digital 8 hours ago (following the price decline). The deposit price was $2663.81, compared with a cost basis of $2161.51; if sold, this would generate a profit of $21.096 million.
Wallet address https://t.co/clqoBAX8Ey
#Bitget https://t.co/sgg8cV4Pmj
The post states that the whale had accumulated 52,000 ETH via OTC since July.
The post states that 8 hours ago, the whale deposited ETH worth $112 million with Galaxy Digital at a deposit price of $2663.81.
The post states that its cost basis was $2161.51 and that, if sold, it would generate a profit of $21.096 million.
The following is analysis, separate from reported facts. Verify important claims independently.
This is a social-media market update describing an unidentified wallet transferring ETH to Galaxy Digital and estimating potential profit.
A large ETH transfer may offer market participants clues about fund movements, but the available evidence does not confirm an actual sale.
“Profit if sold” is an estimate; it does not mean that a sale has been completed or that profit has been realized.
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An individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
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