OTC Whale Transfers 42,000 ETH to Galaxy Digital, Realizing Approximately $21.12 Million in Profit
According to Embers monitoring, an OTC whale or institution significantly reduced its ETH holdings following the market downturn, transferring 42,000 ETH to Galaxy Digital seven hours ago. The transfer was valued at approximately $112 million, executed at a price of around $2,664 per ETH. Over the preceding two months, this address had cumulatively acquired 52,000 ETH at an average cost of roughly $2,161, realizing a profit of approximately $21.12 million from this sale.
